RetRyder Hand Trucks has a preferred share issue outstanding that pays an annual dividend of $1.45 per year. The current cost of preferred equity for RetRyder is 9 percent. If RetRyder issues additional preferred shares that pay exactly the same dividend and the investment banker retains 6 percent of the sale price proceeds, what is the cost of new preferred shares for RetRyder

Aproduction line has three machines a, b, and c, with reliabilities of .96, .86, and .85, respectively. the machines are arranged so that if one breaks down, the others must shut down. engineers are weighing two alternative designs for increasing the line’s reliability. plan 1 involves adding an identical backup line, and plan 2 involves providing a backup for each machine. in either case, three machines (a, b, and c) would be used with reliabilities equal to the original three. a. compute overall system reliability under plan 1. (round your intermediate calculations and final answer to 4 decimal places.) reliability b. compute overall system reliability under plan 2. (round your intermediate calculations and final answer to 4 decimal places.) reliability c. which plan will provide the higher reliability? plan2plan1