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 C Par value $ 35...















































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 C
Par value $              35
Sale price $              37
Flotation cost $           4.00
Annual dividend $           5.00
Proceed from sale
Cost of preferred stock

By using cell references to the given data calculate the proceeds from sale of preferred stock C.


By using cell references to the given data calucalte the cost of preferred stock C.



Jun 04, 2022
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