You have collected the following preferred share data from the annual reports of several of your global competitors. Required: Determine the cost of preferred shares for each company. Current Dividend Market Value Par Value Company Jade Inc Old Irish Ltd Tapestry Corp $4.50 $43.00 $0.00 48.00 35.00 4.00 3.60 0.00 50.00
You have collected the following preferred share data from the annual reports of several of your global competitors.
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Required:
Determine the cost of preferred shares for each company.
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Related Book For 
Financial Management for Decision Makers
2nd Canadian edition
Authors: Peter Atrill, Paul Hurley
ISBN: 978-0138011604