Ask Experts Questions for FREE Help !
Ask
    Merandy's Avatar
    Merandy Posts: 1, Reputation: 1
    New Member
     
    #1

    Apr 25, 2012, 09:59 AM
    Preferred stock
    A firm's preferred stock pay an annual dividend of $4, and the stock sells for $80. Flotation costs for new issuances of preferred stock are 5% of the stock value. What is the after-tax cost of preferred stock if the firm's tax rate is 30%?

Check out some similar questions!

I paid $1850000to my preferred stock 10% par $40 how many share of stock do I have? [ 3 Answers ]

I paid $1850000to my preferred stock 10% par $40 how many share of stock do I have?

How to Calculate the preferred dividend from 'preferred $10 stock, $40 par ? [ 1 Answers ]

How do I calculate the preferred dividend from 'preferred $10 stock, $40 par 800,000?

How do I calculate preferred dividends from preferred stock [ 1 Answers ]

preferred $6 stock, $100 par (no change during year)= $200,000. What are the dividends

Adjusting entries for common stock and preferred stock. [ 1 Answers ]

This is a question off my problem. I am hoping that someone can help. The corporation has stocks of preferred stock with a number of shares of 400 that cost $6,000 and common stock of shares for 300 that cost $9,000. The common stock has purchases on march 30 of 25 shares for the cost of $950 and...


View more questions Search
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.