3. A company has 100,000 shares of 100 at par, of preference shares, outstanding at 9.75 per...

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3. A company has 100,000 shares of 100 at par, of preference shares, outstanding at 9.75 per cent dividend rate. The current market price of the preference share is 780. What is its cost?

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Financial Management

ISBN: 9789325982291

11th Edition

Authors: I.M. Pandey

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Question Posted: Oct 22, 2024 11:00 AM

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3. A company has 100,000 shares of 100 at par, of preference shares, outstanding at 9.75 per cent dividend rate. The current market price of the preference share is 780. What is its cost?
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3. A company has 100,000 shares of 100 at par, of preference shares, outstanding at 9.75 per...

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Financial Management

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