The preferred share of Anderson S.A. is sold for 72.92 euros. It has a nominal value of
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The preferred share of Anderson S.A. is sold for 72.92 euros. It has a nominal value of 100 euros and distributes a 7% dividend (=>7 euro dividend). What is the cost of preferred shares?
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Authors: Charles Roth, Lizy K. John, Byeong Kil Lee
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