$17,500,000 of 2.5%pa preference shares. Dividends on these shares are paid six monthly on the first day...
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Question:
$17,500,000 of 2.5%pa preference shares. Dividends on these shares are paid six monthly on the first day of October and April each year.
what is Preference Dividends payable?
1.17500000*2.5%
2.18500000*2.5%*0.5 0.5(6/12)
1 ture? or 2 true?
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