A company has 50 000, R15 redeemable preference shares that pay a dividend of 12%. The shares

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A company has 50 000, R15 redeemable preference shares that pay a dividend of 12%. The shares are redeemable in 9 years' time and similar shares are paying a dividend of 8,7%. What is the total value of the shares?

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Fundamental Accounting

ISBN: 9781485112112

7th Edition

Authors: David Flynn, Carolina Koornhof, Ronald Arendse, Anna C. E. Coetzee, Edwardo Muriro, Louise Christel Posthumus, Louise Mancy Smit

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Posted Date: Nov 09, 2023 07:21 AM

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A company has 50 000, R15 redeemable preference shares that pay a dividend of 12%. The shares

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To calculate the total value of the shareswe can use the following ... View the full answer

Fundamental Accounting

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