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Your company is trying to determine the appropriate cost of preference shares to use in...

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Finance

Your company is trying to determine the appropriate cost of preference shares to use in determining the firm's cost of capital. The preference shares are currently selling for $4.60 and pay a fixed annual dividend of $0.30. Compute the cost of these preference shares Question 36 options: 6.5% 8.0% 6.8% 7.7%

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