Question
What is the value of a preference share that pays an annual dividend of $3.62 if the required rate of return is 4.9% p.a.?
What is the value of a preference share that pays an annual dividend of $3.62 if the required rate of return is 4.9% p.a.?
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Fundamentals of Investment Management
Authors: Geoffrey Hirt, Stanley Block
10th edition
0078034620, 978-0078034626
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