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 D Par value $ 30...















































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 D
Par value $              30
Sale price $              26
Flotation cost (% of par)5%
Flotation cost
Annual dividend $           3.00
Proceed from sale
Cost of preferred stock

By using cell references to the given data calculate the flotation cost of preferred stock D.


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


By using cell references to the given data calculate the cost of preferred stock D.



Jun 04, 2022
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