Your power plant on Gilligan's Island is producing too much air pollution. The professor gives you three choices for dealing with this problem:

Preferred Stock – 8,000 shares of 5.5 percent preferred stock outstanding, currently selling for $95.00 per share.

Please answer in essay format and provide your Excel document showing all your calculation in appendixes choose the best option for Gilligan's Island. Support your answer with your calculations. In addition, to calculations use specified resources, other appropriate scholarly resources, including older articles.