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Swan Ltd has preference shares outstanding that pay a fixed dividend of $2.70 each year. If investors require a return of 14%, what is the
Swan Ltd has preference shares outstanding that pay a fixed dividend of $2.70 each year. If investors require a return of 14%, what is the current value for the shares?
| a. | $27.00 | |
| b. | $2.37 | |
| c. | $192.90 | |
| d. | $1.93 | |
| e. | $19.29 |
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An Auditors Guide To Auditing Financial Statements In The UK
Authors: Steve Collings
1st Edition
1526527480, 978-1526527486
