Dividend per share is Rs 15 and sell it for Rs 120 and floatation cost is Rs 3.0 then component cost of preferred stock will be

Dividend per share is Rs 15 and sell it for Rs 120 and floatation cost

1.	Dividend per share is Rs 15 and sell it for Rs 120 and floatation cost is Rs 3.0 then component cost of preferred stock will be
A.	2.82 times
B.	.1282 times
C.	2.82%
D.	s 12.82
Answer» D. s 12.82