What the cost of capital for the preferred stock to firm is

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Your firm is planning to issue preferred stock. The stock sells for ?$115?; ?however, if new stock is? issued, the company would receive only ?$98.90. The par value of the stock is ?$100?, and the dividend rate is 15 percent.

Question 1: What is the cost of capital for the stock to your? firm?

Question 2:  What The cost of capital for the preferred stock to your firm is?

Reference no: EM132488601

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