Dividend per share is $18 and sell it for $122 and floatation cost is $4 then component cost of preferred stock will be

Dividend per share is $18 and sell it for $122 and floatation cost is $4 then component cost of preferred stock will be
  • A. 15.25%
  • B. 0.1525 times
  • C. $15.25
  • D. 0.15%
  • Correct Answer: Option A
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