New York Deli has 7 percent preferred stock outstanding that sells for $34 a share. This stock was originally issued at $45 per share. What is the cost of preferred stock?
Answer: 20.59 percent
New York Deli has 7 percent preferred stock outstanding that sells for $34 a share. This stock was originally issued at $45 per share. What is the cost of preferred stock?
Answer: 20.59 percent
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.