Calculating Cost of Preference Shares Holdup Bank has an issue of preference shares with a 6 stated

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Calculating Cost of Preference Shares Holdup Bank has an issue of preference shares with a €6 stated dividend that just sold for €96 per share. What is the bank’s cost of preference shares?

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Fundamentals Of Corporate Finance

ISBN: 9780077178239

3rd Edition

Authors: David Hillier, Iain Clacher, Stephen A. Ross

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