Preferred stock Par value Sale price Flotation cost Annual dividend A $ 100 $ 101 $ 9.00 11% B 40 38 $ 3.50 8% C 35 37 $ 4.00 $ 5.00 D 30 26 5% of par $ 3.00 E 20 20 $ 2.50 9% Stock B Par value $ 40...





















































Preferred stockPar valueSale priceFlotation
cost
Annual dividend
A $            100 $            101 $           9.0011%
B                 40                 38 $           3.508%
C                 35                 37 $           4.00 $           5.00
D                 30                 265% of par $           3.00
E                 20                 20 $           2.509%








































Stock B
Par value $              40
Sale price $              38
Flotation cost $           3.50
Annual dividend8%
Dividend payment
Proceed from sale
Cost of preferred stock

By using cell references  calculate the dividend payment of preferred Stock B.


By using cell references calculate the proceeds from sale of referred stock B.


By using cell references calculate the cost of preferred stock B.



Jun 04, 2022
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