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a. Transcendence Berhad issued preferred share with a dividend of 8 percent per annum. The required rate of return is 12 percent. REQUIRED: i. Calculate
a. Transcendence Berhad issued preferred share with a dividend of 8 percent per annum. The required rate of return is 12 percent. REQUIRED: i. Calculate the intrinsic value of the preferred share. ii. If the shares current market price is RM63.00, would you buy the share?
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