LILAC has one class of preferred stock outstanding, a 3.75 dollar cumulative preferred stock, for which there are 546,024 shares outstanding. If the price of this stock is 72 dollar, what is the estimate of LILAC cost of preferred equity?
LILAC has one class of preferred stock outstanding, a 3.75 dollar cumulative preferred stock, for which there are 546,024 shares outstanding. If the price of this stock is 72 dollar, what is the estimate of LILAC cost of preferred equity?