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Question 10 - Preference share valuation Keystone Energy Pty Ltd has issued the perpetual preference shares with a par of $100 and an annual dividend

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Question 10 - Preference share valuation Keystone Energy Pty Ltd has issued the perpetual preference shares with a par of $100 and an annual dividend of 5,5 per cent. If the required rate of return is 11.75 per cent, what is the share's current market price

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