5. 5. Calculating cost of preferred shares [LO 14.1] Noosa Bank has an issue of preference shares...

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5. 5.

Calculating cost of preferred shares [LO 14.1] Noosa Bank has an issue of preference shares with a fixed dividend of $4.25 that just sold for $93 per share. What is the bank’s cost of preference shares?

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Fundamentals Of Corporate Finance

ISBN: 9781743768051

8th Edition

Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan

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