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A company issues 10% Irredeemable preference shares. The face value per share is RO 10, but the issue price is RO 9.5. what is the cost of preference share?
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A company issues 10% Irredeemable preference shares. The face value per share is RO 10, but the issue price is RO 9.5. what is the cost of preference share?

User Are
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1 Answer

5 votes

Answer:

The answer of the question is 10.53%.

User Rick Deckard
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