Travis Industries plans to issue perpetual preferred stock with an $11.00 dividend. The stock is currently selling for $87.50, but flotation costs will be 6% of the market price, so the net price will be $82.25 per share. What is the cost of the preferred stock, including flotation?

The maximum tax rate on estates and gifts

According to this excerpt, a key part of our national security strategy is

By 2020, automobile market analysts expect that the demand for electric autos will increase as buyers become more familiar with the technology. however, the costs of producing electric autos may increase because of higher costs for inputs (e.g., rare earth elements), or they may decrease as the manufacturers learn better assembly methods (i.e., learning by doing). what is the expected impact of these changes on the equilibrium price and quantity for electric autos?