What is bank cost of preferred stock

Assignment Help Financial Management

Reference no: EM131545500

Calculating Cost of Preferred Stock

Sixth Fourth Bank has an issue of preferred stock with a $6.40 stated dividend that just sold for $126 per share.

What is the bank’s cost of preferred stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Cost of preferred stock %

Reference no: EM131545500

Questions Cloud

What would you do to protect confidentiality of information : What would you do to protect the Confidentiality of company information? What would you do to protect the Availability of company resources?

Challenges of implementing strategy : What are the keys to and challenges of implementing strategy? How can companies overcome the challenges?

Create and present a model for project procurement risk : Select a company that has a project management office and uses outside vendors for specific services or products.

Time weighted and money weighted rate of return for account : Based on the above transactions, compute the Time Weighted and Money Weighted rate of return for the account.

What is bank cost of preferred stock : Sixth Fourth Bank has an issue of preferred stock with a $6.40 stated dividend that just sold for $126 per share. What is the bank’s cost of preferred stock?

Explain the interface for data collection for asset tracking : Describe the interface for data collection and notification for asset tracking to management and employees.

What is the company cost of equity capital : What is the company’s cost of equity capital?

How much is the first payment worth right now : How much is the first payment worth right now? Compute the present value.

What tools an organization use to help identify barriers : Delivering on a value proposition demands constant improvement and innovation as competition changes over time along with evolving customers' needs and wants.

User Account

All Pages