Question: Suppose that there is a Ghc 1000,000 preference share with 15% annual dividend rate, and required rate of return is 25%. i. What is the

Suppose that there is a Ghc 1000,000 preference share with 15% annual dividend rate, and required rate of return is 25%.
i. What is the value of the perpetuity?
ii. What is the value of the preference shares if the annual dividend grows at a constant of
5%.

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