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Determine the cost for each of the following preferred stocks. Please show the work.Note that in
some cases flotations costs are quoted as %s vs. dollar figuresNote that in some cases annual
divides are quoted as %s vs. dollar figuresPreferred StockPar valueSale priceFlotation
costAnnual dividendA$100$103$910%B$40$36$47%C$35$38$4$6D$30$255% of
par$4E$20$20$2.508%Determine the cost for each of the following preferred stocks. Please
show the work.Note that in some cases flotations costs are quoted as %s vs. dollar figuresNote
that in some cases annual divides are quoted as %s vs. dollar figuresPreferred StockPar
valueSale priceFlotation costAnnual
dividendA$100$103$910%B$40$36$47%C$35$38$4$6D$30$255% of par$4E$20$20$2.508%
Solution
PREFERED STOCK A
PREFERED STOCK B
PREFERED STOCK C
PREFERED STOCK D
PREFERED STOCK EPARTICULLARAMOUNT $SALE PRICE103LESS FLOTATION
COST9TOTLAL AMOUNT RECEIVED94ANNUAL DIVIDEND ($100 * 10%)10COST OF
STOCK ($10/ $94) * 10010.64%

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Determine the cost for each of the following preferred stocks. Pleas.pdf

  • 1. Determine the cost for each of the following preferred stocks. Please show the work.Note that in some cases flotations costs are quoted as %s vs. dollar figuresNote that in some cases annual divides are quoted as %s vs. dollar figuresPreferred StockPar valueSale priceFlotation costAnnual dividendA$100$103$910%B$40$36$47%C$35$38$4$6D$30$255% of par$4E$20$20$2.508%Determine the cost for each of the following preferred stocks. Please show the work.Note that in some cases flotations costs are quoted as %s vs. dollar figuresNote that in some cases annual divides are quoted as %s vs. dollar figuresPreferred StockPar valueSale priceFlotation costAnnual dividendA$100$103$910%B$40$36$47%C$35$38$4$6D$30$255% of par$4E$20$20$2.508% Solution PREFERED STOCK A PREFERED STOCK B PREFERED STOCK C PREFERED STOCK D PREFERED STOCK EPARTICULLARAMOUNT $SALE PRICE103LESS FLOTATION COST9TOTLAL AMOUNT RECEIVED94ANNUAL DIVIDEND ($100 * 10%)10COST OF STOCK ($10/ $94) * 10010.64%