Question
Suppose you own 500 shares of James Bondage Bhd's preference shares. The preference shares currently sell for RM 3.80 per share and pays annual dividends
Suppose you own 500 shares of James Bondage Bhd's preference shares. The preference shares currently sell for RM 3.80 per share and pays annual dividends of RM 0.75 per share.
a). What is your expected return?
b). If you require an 8% return, given the current price, should you sell or buy more preference shares?
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Introductory Financial Accounting for Business
Authors: Thomas Edmonds, Christopher Edmonds
1st edition
1260299449, 978-1260299441
