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4. Issue a 10% RM100 par value of the preferred share. The current market price of the preferred share is RM80 per share. The floatation

4. Issue a 10% RM100 par value of the preferred share. The current market price of the preferred share is RM80 per share. The floatation cost is at 5% of the par value. Calculate the cost of financing A. 14.93% B. 13.33% C. 13.16% D. 10.53%

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