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Como plc is issuing 250,000 ordinary shares with a par value of 25p each at a premium of 150p, as well as 150,000 preference shares

Como plc is issuing 250,000 ordinary shares with a par value of 25p each at a premium of 150p, as well as 150,000 preference shares at a price of 50p per share.

How much cash will Como plc raise from this share issue?

Group of answer choices

512,500

450,000

437,500

137,500

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