*$_Dividend per share is Rs 18 and sell it for Rs 122 and floatation cost is Rs 4 then component cost of preferred stock will be?

*$_Dividend per share is Rs 18 and sell it for Rs 122 and floatation c

1.	*$_Dividend per share is Rs 18 and sell it for Rs 122 and floatation cost is Rs 4 then component cost of preferred stock will be?
A.	15.25%
B.	0.1525 times
C.	15.25
D.	0.15%
Answer» B. 0.1525 times