Question
R.U.Ready Ltd has an issue of perpetual preference shares outstanding each with a face value of $50 and a fixed dividend rate of 7.6% each
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R.U.Ready Ltd has an issue of perpetual preference shares outstanding each with a face value of $50 and a fixed dividend rate of 7.6% each year. If investors require a return of 10.5% on the security, what price would we expect? What would you do if the price on the securities exchange were $44.53?
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Advances In Financial Machine Learning
Authors: Marcos Lopez De Prado
1st Edition
1119482089, 978-1119482086
