Computing the firm dividend

Reference no: EM13744775

Firm X has a tax rate of 30%. The price of its new preferred stock is $63 and its flotation cost is $3.15. The cost of new preferred stock is 12%. What is the firm's dividend?

A) $7.18

B) $5.03

C) $7.56

D) none of the above.

Reference no: EM13744775

Questions Cloud

Percent compounded monthly : If you put $10,000 in an investment that returns 14 percent compounded monthly what would you have after 12 years (round to nearest $10)?

Make the difference between getting the loan and not : The Laurel Co. is owned and operated by Paul Laurel. The following is an excerpt from a conversation between Paul Laurel and Maria Fuller, the chief accountant for The Laurel Co.: Paul: Maria, I have a question about this recent balance sheet. Maria:

Overview of workplace hazards in construction : Please review all lecture materials, specially the topics I mention every "Last Session Review" and "Session Summary". Study extra well the following documents: Overview of workplace hazards in construction

Describe some of the main services and products : Describe some of the main services, products, and activities the organization provides to the public. Describe the size of the problem, who is affected by the problem, how long the problem has been in existence, and how long the evaluation will tak..

Computing the firm dividend : Firm X has a tax rate of 30%. The price of its new preferred stock is $63 and its flotation cost is $3.15. The cost of new preferred stock is 12%. What is the firm's dividend?

Business events include : Business events include

Success of the new learning management system : Update the proposal to include the types of quantitative analysis that will be utilized to measure the success of the new learning management system. Cite at least one source where quantitative analysis was used in project management.

Choose a public health topic or public health profession : For your class paper, choose a public health topic or public health profession that most interests you. Research your topic and show how your topic or profession chosen is integrated and/or has a positive effect on populations and community health.

Compute the ending inventory and cost of goods sold : Shown below is activity for one of the products of Denver Office Equipment: Compute the ending inventory and cost of goods sold assuming Denver uses FIFO. Compute the ending inventory and cost of goods sold assuming Denver uses LIFO and a perpetual i..

User Account

All Pages