Grill Works and More has 6 percent preferred stock outstanding which was originally priced at $100 per share. It is currently selling for $47 a share. The market rate of return is 15 percent and the firm's tax rate is 35 percent. What is the firm's component cost of preferred stock? (round answer to whole number with two decimal points: i. e., use 1.23 percent instead of 0.0123)

Haley photocopying purchases a paper from an out-of-state vendor. average weekly demand for paper is 150 cartons per week for which haley pays $15 per carton. in bound shipments from the vendor average 1000 cartoons with an average lead time of 3 weeks. haley operates 52 weeks per year; it carries a 4-week supply of inventory as safety stock and no anticipation inventory. the vendor has recently announced that they will be building a faculty near haley photocopying that will reduce lead time to one week. further, they will be able to reduce shipments to 200 cartons. haley believes that they will be able to reduce safety stock to a 1-week supply. what impact will these changes make to haley’s average inventory level and its average aggregated inventory value?