加工贸易合同备案是指加工贸易企业到海关备案，申请保税并领取( )或其他准予备案凭证的行为。

A．《加工贸易业务批准证》

B．《加工贸易加工企业生产能力证明》

C．《加工贸易登记手册》

D．《加工贸易申请表》

A company is planning a new issue of $100 par preferred stock with a 12 percent dividend. The preferred stock can be sold for $95 per share and the company must pay flotation costs of 5 percent of the market price. Assuming a marginal tax rate of 40 percent, the after-tax rate of 40 percent, the after-tax cost of the preferred stock is closest to:（）

A. 8.0%.

B. 12. 6%.

C. 13.3%.