Taylor Systems has just issued preferred stock. The stock has an 11% annual dividend and a $75 par value and was sold at $76.50 per share. In addition, flotation costs of $6.75 per share were paid. Calculate the cost of the preferred stock.

A company’s preferred stock currently sells for $95.47 per share and it pays a $4.00 annual dividend. what is the cost of the preferred stock?

The preferred stock of Hose Ltd., pays an annual dividend of Shs.6.50 a share and sells for shs.48 a share. What is the cost of the preferred stock?

The preferred stock of Axim Corp. is currently selling at $51.07. If the required rate of return is 11.7 percent, what is the dividend paid by this stock? (Round answer to 2 decimal places, e.g. 15.25.) Dividend paid   $ ________

A preferred stock from Duquesne Light Company (DQUPRA) pays $3.55 in annual dividends.If the required return on the preferred stock is 6.7 percent, what’s the value of the stock? (Round your answer to 2 decimal places.)

Travis Industries plans to issue perpetual preferred stock with an $11.00 dividend. The stock is currently selling for $114.00, but flotation costs will be 6% of the market price, so the net price will be $107.16 per share. What is the cost of the preferred stock, including flotation? Round your answer to two decimal places.   %

Consider issuing preferred shares with an annual dividend of $ 12.00 per preferred share. These shares will sell for $ 100 each. The cost of issuance (flotation cost) is $ 8 per share. Calculate the cost of preferred capital. You must show the computations.

King Medical Supplies has issued preferred stock that pays a yearly dividend of $4 per share. This preferred stock is trading at a price of $47 per share. What is King’s cost of preferred stock capital?

Hawkeye Inc. has an outstanding issue of preferred stock with an annual dividend of $1.21 per share. If the required rate of return on this preferred stock (rp) is 14.0%, at what price should the stock sell? Enter your answer with 2 decimals (dollars and cents)

ravis Industries plans to issue perpetual preferred stock with an $11.00 dividend. The stock is currently selling for $86.50, but flotation costs will be 6% of the market price, so the net price will be $81.31 per share. What is the cost of the preferred stock, including flotation? Round your answer to two decimal places. %