Calculate the cost of the preferred stock

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Reference no: EM131337305

Taylor Systems has just issued preferred stock. The stock has a 8?% annual dividend and a $ 100 par value and was sold at ?$95.00 per share. In? addition, flotation costs of ?$7.00 per share were paid. Calculate the cost of the preferred stock.

Reference no: EM131337305

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Calculate the cost of the preferred stock : Taylor Systems has just issued preferred stock. The stock has a 8?% annual dividend and a $ 100 par value and was sold at ?$95.00 per share. In? addition, flotation costs of ?$7.00 per share were paid. Calculate the cost of the preferred stock.

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