chapter 101.Barton Indust

chapter 101.Barton Indust

chapter 101.Barton Industries can issue perpetual preferred stock at a price of $48 per share. The stock would pay a constant annual dividend of $4.30 per share. If the firm’s marginal tax rate is 40%, what is the company’s cost of preferred stock? Round your answer to 2 decimal places.=%

%d bloggers like this: