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ABC Limited has issued 14% preference shares of Rs 100 each. The current price of the preference shares is Rs 100 What is the cost

ABC Limited has issued 14% preference shares of Rs 100 each. The current price of the preference shares is Rs 100 What is the cost of preference capital for ABC limited?What would be the cost of preference capital if the price of preference shares is changed to a) Rs 90 and b) Rs 120?

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