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What is bbva cost of preferred stock

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BBVA issued preferred stock that pays a constant $4.65 dividend. The stock sells for $83 per share. What is BBVA's cost of preferred stock? Assume the first dividend will be paid in one year. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Reference no: EM132288909

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What is bbva cost of preferred stock : BBVA issued preferred stock that pays a constant $4.65 dividend. The stock sells for $83 per share. What is BBVA's cost of preferred stock?
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