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5.2 REQUIRED Use the information provided below to calculate the cost (as a percentage expressed to two decimal places) of ordinary share financing, preference share
5.2 REQUIRED Use the information provided below to calculate the cost (as a percentage expressed to two decimal places) of ordinary share financing, preference share financing and the loan. (6 marks) INFORMATION Gypsey Limited intends investing in a project and is considering using the following three sources of finance: Ordinary shares The market price of an ordinary share of Gypsey Limited is R200 and the total ordinary share capital is R2 000 000. The shares were initially sold for R160
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