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The cost of preferred stock_____________.a. increases as the price of the stock increases.b. is equal to the stock's dividend yield.c. is constant over time.d. is unaffected by changes in the market price
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The cost of preferred stock_____________.a. increases as the price of the stock increases.b. is equal to the stock's dividend yield.c. is constant over time.d. is unaffected by changes in the market price of the stock.e. increases when a firm's tax rate decreases.

User Yanto
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Answer: increases as the price of the stock increases.

Step-by-step explanation:

User Zegnus
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