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The following information on share capital transactions for Stockholm Corporation are given: Preference Share Capital, P15 par - P 525,000; Preference Share Premium - P

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The following information on share capital transactions for Stockholm Corporation are given: Preference Share Capital, P15 par - P 525,000; Preference Share Premium - P 260, 750; Ordinary Share Capital, P 10 par - P 400,000; Ordinary Share Premium - P 226,000. Required: Determine the following: 1. Average selling price for preference shares = 2. Average selling price for ordinary shares =

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