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A company has 50 000, R15 redeemable preference shares that pay a dividend of 12%. The shares are redeemable in 9 years' time and similar
A company has 50 000, R15 redeemable preference shares that pay a dividend of 12%. The shares are redeemable in 9 years' time and similar shares are paying a dividend of 8,7%. What is the total value of the shares?
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Fundamental Accounting
Authors: David Flynn, Carolina Koornhof, Ronald Arendse, Anna C. E. Coetzee, Edwardo Muriro, Louise Christel Posthumus, Louise Mancy Smit
7th Edition
1485112117, 9781485112112
