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12. A company issues a 8% Irredeemable preference share. The face value of the is RO 10. But the issue price per share is RO

12. A company issues a 8% Irredeemable preference share. The face value of the is RO 10. But the issue price per share is RO 13. What is the cost of preference share? * (1 Point) 5% 8% 7% 6%

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