In addition flotation costs of 640 per share were paid
Taylor Systems has just issued preferred stock. The stock has a 11% annual dividend and a $80 par value and was sold at $87.20 per share. In addition, flotation costs of $6.40 per share were paid. Calculate the cost of perferred stock.
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taylor systems has just issued preferred stock the stock has a 11 annual dividend and a 80 par value and was sold at
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