Section 15-204. SUMMARY OF EMBEDDED COST OF PREFERRED STOCK

 

204.1The following data shall be provided for preferred stock for the historical test year and the proposed test year:

 

(a)Type, dividend rate, and par value;

 

(b)Date issued;

 

(c)Par value outstanding or to be outstanding;

 

(d)Premium;

 

(e)Issue expense;

 

(f)Net proceeds after premium and issue expense;

 

(g)Annualized dividends;

 

(h)Embedded cost rate; and

 

(i)Summary of stock provisions as to convertibility, redemption, sinking fund, preference provisions, and penalties in event of default.

 

204.2Bell Atlantic - Washington, D.C., Inc., shall provide the data cited under § 204.1 for its corporate entity, and on a Bell Atlantic consolidated basis. Consolidated data may be shown in summary form with reference to source documents containing the information.

 

source

Final Rulemaking published at 34 DCR 1155, 1162 (February 13, 1987); as amended by Final Rulemaking published at 42 DCR 2340, 2342 (May 12, 1995).