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were are 365 days in a year Question 7 1.5 pts A preference share has price of $219.97. It pays a divdend every six months.

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were are 365 days in a year Question 7 1.5 pts A preference share has price of $219.97. It pays a divdend every six months. Preference shareholders require a return of 12%pa compounded annually. How much will the NEXT dividend payment be on the share? Your answer must be in DOLLARS with TWO (2) decimal places. For example, $10.50 would be entered as 10.50 There is 0.05 margin of error which means within a range of 0.05 of the correct answer will be accepted. So in this case answers of 10.45 through to 10.55 will be marked correct. Next

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