The firm’s cost of preferred stock is (See Table 11.1.)
A. 7.2 percent.
B. 8.3 percent.
C. 13.3 percent.
D. 13.9 percent.
Answer:D
The firm’s cost of preferred stock is (See Table 11.1.)
A. 7.2 percent. B. 8.3 percent. C. 13.3 percent. D. 13.9 percent.