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Posted: **Wed May 18, 2022 11:22 pm**

: Najdzionek Company Can Sell A New Issue Of Preferred Stock To Investors Who Require A 12 Rate Of Return What Is The Co 1 (37.13 KiB) Viewed 31 times

Najdzionek Company can sell a new issue of preferred stock to investors who require a 12% rate of return. What is the cost of the new issue if the flotation cost to issue each $100.00 face value share is 7% of face value? a. 12.00% b. 7.00% C. 5.00% d. 12.90%