cost of preferred stock stock

sabina

What should be the cost of the below mentioned preferred stock:


An 8% dividend preferred stock issue has a value of $35 per share.

manasib

Mine will be:

SJZ_somehow_passed_level_1_lol

burnsy562000

I am going to need it. Just gonna go balls to the wall ya know?

If I pass, my new handle will be

nuppal_passed_level_1_<3

__________

&quot;good personality ... or he was known as Lt. Mandingo during his army days.&quot;



Edited 1 time(s). Last edit at Tuesday, December 1, 2009 at 02:51PM by nuppal.

orang3eph

I_Passed_Level_1 Wrote:
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> balls to the wall

I_Passed_Level_1 Wrote:
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> balls to the wall

I_Passed_Level_1 Wrote:
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> balls to the wall

I_Passed_Level_1 Wrote:
-------------------------------------------------------
> balls to the wall

I_Passed_Level_1 Wrote:
-------------------------------------------------------
> balls to the wall

I_Passed_Level_1 Wrote:
-------------------------------------------------------
> balls to the wall

I_Passed_Level_1 Wrote:
-------------------------------------------------------
> balls to the wall

I_Passed_Level_1 Wrote:
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> balls to the wall

__________

&quot;good personality ... or he was known as Lt. Mandingo during his army days.&quot;

thisisbrianly

Nuppal im gonna be rooting for ya this coming Saturday

johnnyBuz

It is 0.08 because that is the cost to the company, an 8% dividend. The cost of a preferred stock is the Dividend/Price. The dividend here is $2.80 and the price is $35. 2.8/35= 0.08 which you already knew. Therefore the cost is 0.08.

LokiDog2

balls to the wall



Edited 1 time(s). Last edit at Tuesday, December 1, 2009 at 02:45PM by I_Passed_Level_1.

pogo

what's the growth rate, should be next year's dividend/price of share +growth rate

joemoran

.08 right?

Is that all the info you have? Pref. Shares outstanding? Total Debt+Equity+P. Equity outstanding?

__________

&quot;good personality ... or he was known as Lt. Mandingo during his army days.&quot;

bluejazzy

I_Passed_Level_1 Wrote:
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> 437.50


Too big to fail.

__________

&quot;good personality ... or he was known as Lt. Mandingo during his army days.&quot;