The following is the information on preferred stock issued by Huntington Power Co.  Calculate the cost of preferred stock for the firm.  Preferred Stock: Selling for $98.   Dividends are $7 a share.   a. 6.12%   b. 5.45%   c. 7.14%   d. 9.57%

Consider the following information: Beginning number of shares Ending number of shares Dividend per share Market price per share Net income The dividend yield is 5.8% 6.3% 6.0% 3.0% 149,000 160,000 $1.80 $60.00 $933,000

Black Bear Bike Corp. manufactures mountain bikes and distributes them through retail outlets in California, Oregon, and Washington. Black Bear Bike Corp. has declared the following annual dividends over a six-year period ended December 31 of each year: Year 1, $42,500; Year 2, $18,000; Year 3, $223,500; Year 4, $178,000; Year 5, $222,000; and Year 6, $222,000. During the entire period, the outstanding stock of the company was composed of 50,000 shares of cumulative preferred 2% stock, $80 par, and 100,000 shares of common stock, $4 par. Required: 1. Determine the total dividends and the per-share dividends declared on each class of stock for each of the six years. There were no dividends in arrears on January 1, Year 1. Summarize the data in tabular form. If required, round your per share answers to two decimal places. If the amount is zero, please enter "0". Preferred Dividends Common Dividends Total Year Dividends Total Per Share Total Per Share Year 1 $42,500 $ Year 2 18,000 Year 3…

Holdup Bank has an issue of preferred stock with a $1.93 stated dividend that just sold for $27.73 per share. What is the bank's cost of preferred stock? Enter the answer with 4 decimals (e.g. 0.1234).