Bethesda Water has an issue of preferred stock outstanding with a coupon rate of 4.20 percent that sells for $90.86 per
Posted: Sat Nov 27, 2021 5:27 pm
Bethesda Water has an issue of preferred stock outstanding with
a coupon rate of 4.20 percent that sells for $90.86 per share. If
the par value is $100, what is the cost of the company's
preferred stock?
A. 4.62%
B. 4.43%
C. 5.01%
D. 4.31%
E. 4.20%
a coupon rate of 4.20 percent that sells for $90.86 per share. If
the par value is $100, what is the cost of the company's
preferred stock?
A. 4.62%
B. 4.43%
C. 5.01%
D. 4.31%
E. 4.20%