Question

253. Ganesh Trading co has_10 percent preferred stock outstanding that is currently selling for Rs 220 per share. The
market rate of return is 15% and the firm's tax rate is 306. What is the firm's cost of preferred stock?
a) 14.77 percent.
b) 15.29 percent
c) 15.57 percent
d) 16.33 percent​

Answer 1

Explanation:

b-sahj hai next question