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Assume that required rate of return for the RCPS is 10%. Dividend paid once a year at the end of the year. questions mentioned '...at

Assume that required rate of return for the RCPS is 10%. Dividend paid once a year at the end of the year.

questions mentioned '...at the expected preferential dividend rate of 6.49% per annum.' and '..., an additional stepped-up preference dividend rate of 1.0% per annum above the expected rate ..., shall not exceed a total rate of 20%.' 

please find the straight value and conversion value

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