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XYZ Ltd. issues 2,000 10% preference shares of ? 100 each at 795 each. The company proposes to redeem the preference shares at the end

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XYZ Ltd. issues 2,000 10% preference shares of ? 100 each at 795 each. The company proposes to redeem the preference shares at the end of 10th year from the date of issue. CALCULATE the cost of preference share

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