What is the cost of the preferred stock including flotation

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COST OF PREFERRED STOCK INCLUDING FLOTATION Trivoli Industries plans to issue perpetual preferred stock with an $11.00 dividend. The stock is currently selling for $97.00; but flotation costs will be 5% of the market price, so the net price will be $92.15 per share.

What is the cost of the preferred stock, including flotation?

Reference no: EM131139776

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What is the cost of the preferred stock including flotation : COST OF PREFERRED STOCK INCLUDING FLOTATION Trivoli Industries plans to issue perpetual preferred stock with an $11.00 dividend.- What is the cost of the preferred stock, including flotation?

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