Ans 4.62%
Cost of preferred stock = Dividend / Price of Stock * 100
= 4.25 / 92 * 100
= 4.62%
2. Holdup bank has an issue of preferred stock with a 4.25 stated dividend and its...
Holdup Bank has an issue of preferred stock with a $5.55 stated dividend that just sold for $92 per share. What is the bank's cost of preferred stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 3216) Cost of preferred stock
Holdup Bank has an issue of preferred stock with a $1.4 stated dividend that just sold for $44.86 per share. What is the bank's cost of preferred stock? Enter the answer with 4 decimals (e.g. 0.1234).
Holdup Bank has an issue of preferred stock with a stated dividend of $7 that just sold for $87 per share. What is the bank's cost of preferred? 7.00 percent 7.64 percent 8.39 percent 8.05 percent 7.54 percent
Holdup Bank has an issue of preferred stock with a $5.65 stated dividend that just sold for $93 per share. What is the bank's cost of preferred stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Cost of preferred stock %
Question 3 1 pts Holdup Bank has an issue of preferred stock with a $6 stated dividend that just sold for $92 per share. Holdup has a 34% tax rate. What is the bank's cost of preferred stock? Choose the range that includes the correct solution. Less than 3% Greater than or equal to 3%, but less than 4% Greater than or equal to 4%, but less than 5% Greater than or equal to 5%, but less than 6% Greater...
1. Holdup Bank has an issue of preferred stock with a $3.75 stated dividend that just sold for $87 per share. What is the bank's cost of preferred stock? (5 pts) • Use Par Value =1000, if not provided. Round your answer to two decimal places as showw below: your answer is reported as %: 12.55% your answer is reported as a value: $100.51 Failure to comply with this will result in a point for more) reduction.
. No Money Bank has an issue of preferred stock with a $6.5 stated dividend that just sold for $90 per share. What is the bank’s cost of preferred stock? What if the floatation cost is 2% of the current market price? (Answer: 7.22%, 7.4%) steps required
Sixth Fourth Bank has an issue of preferred stock with a $3.80 stated dividend that just sold for $89 per share. What is the bank’s cost of preferred stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Traditional Bank has an issue of preferred stock with an annual dividend of $7.50 that just sold for $62 a share. What is the bank's cost of preferred stock? 12.91 percent 13.47 percent 11.23 percent 12.10 percent 11.32 percent
Bedeker, Inc., has an issue of preferred stock outstanding that pays a $5.15 dividend every year in perpetuity. If this issue currently sells for $92 per share, what is the required return? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Required return