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You have been tasked to assist with the calculations of these four independent scenarios: Scenario A (5 marks) Company A issued 11% preference shares with
You have been tasked to assist with the calculations of these four independent scenarios:
Scenario A (5 marks)
Company A issued 11% preference shares with a par value of R80. If the cost of preference shares is 15%, what is the current value of the preference shares?
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