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Kedron Brook Vegetable Ltd has a new issue of preference shares it calls 10/10 preference shares. A preference share will pay a $10 dividend per
Kedron Brook Vegetable Ltd has a new issue of preference shares it calls 10/10 preference shares. A preference share will pay a $10 dividend per year, but the first dividend will not be paid for 10 years from today. If you require a return of 11.5% on this preference share, how much should you pay today? 511.15 $29.28 432.65 $86.96 The Gilbert-Einasleigh Painting Company has earnings of $0.95 per share. The benchmark PE for the company is 17 . What share price would you consider appropriate for Gilbert-Einasteigh? 50.06 $16.15 $17 $17.89=
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