6. Current investments [LO 19.3] Why are preference shares with a dividend tied to short-term interest rates

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6. Current investments [LO 19.3] Why are preference shares with a dividend tied to short-term interest rates an attractive current investment for companies with excess cash?

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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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