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ABC company issues 25,000 units, 7% preference shares at price of 98$ each. Cost of issue is 2$ per share. Calculate cost of preference share
ABC company issues 25,000 units, 7% preference shares at price of 98$ each. Cost of issue is 2$ per share. Calculate cost of preference share capital if these shares are issued at par Select one: O a. None of them is correct O b. 6.54% O c. 7.7% O d. 7.15%
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