Angiersquos list is planning to issue preferred stock using, Ask an Expert

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Angie’s List is planning to issue preferred stock. Using information provided, what is the cost of capital for the stock to your firm?

The stock will be price to sell at $120.

After floatation costs - the company would receive only $97.

The par value of the stock is $100, and the dividend rate is 13%.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92416495

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