A company has 100,000 12% preference shares in issue. The nominal value of these shares is...
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A company has £100,000 12% preference shares in issue. The nominal value of these shares is £1. The market value today of the shares is £1.25. A dividend has recently been paid. Required Calculate the cost of preference share capital. A company has £100,000 12% preference shares in issue. The nominal value of these shares is £1. The market value today of the shares is £1.25. A dividend has recently been paid. Required Calculate the cost of preference share capital.
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College Accounting A Practical Approach chapte
ISBN: 9780133791006
13th edition
Authors: Jeffrey Slater
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