Raysut Cement has a preferred share issue outstanding with a current price of OMR XXXXXXXXXXThe firm is expected to pay a dividend of OMR 1.86 per share a year from today. What is the firm's cost of...

Raysut Cement has a preferred share issue outstanding with a current price of OMR 26.57. The firm is expected to pay a dividend of OMR 1.86 per share a year from today. What is the firm's cost of preferred equity? Select one A. 10 B. 9 C. None of these D. 7