Business, 25.12.2019 01:31 Marley3082

Medco corporation can sell preferred stock for $88 with an estimated flotation cost of $5. it is anticipated the preferred stock will pay $7 per share in dividends. a. compute the cost of preferred stock for medco corp. (input your answer as a percent rounded to 2 decimal places.) b. do we need to make a tax adjustment for the issuing firm

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Medco corporation can sell preferred stock for $88 with an estimated flotation cost of $5. it is ant...