_ 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 co

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.	12.82 times
B.	0.1282 times
C.	12.82%
D.	Rs 12.82
Answer» D. Rs 12.82