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Calculate the: expected Net Amount Raised & Expected Shareholder return through EPS of preference shares that a company wants to issue? Additional information: - company
Calculate the: expected Net Amount Raised & Expected Shareholder return through EPS of preference shares that a company wants to issue?
Additional information:
- company needs to raise $50,000,000
- Can issue the preferred shares with a dividend yield of 9%
- The current preferred share yields for financial institutions are 5.4% roughly
- The agents fee would amount to roughly $2.7 million and would take the form of 300,000 common shares.
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