Preference Shares of Dunmovin Pay a Dividend of $4 Each

question 60

Multiple Choice

Preference shares of Dunmovin pay a dividend of $4 each year and trade at a price of $30. What is the cost of preference share capital for Dunmovin?

• A)15.5%
• B)16.2%
• C)13.3%
• D)14.5%

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Definitions:

Information-Processing

The manner in which individuals perceive, analyze, manipulate, and store information.

Computer

An electronic device capable of processing, storing, and retrieving data, performing calculations, and executing programmed instructions.

Inventions

Unique or novel devices, methods, or processes that result from study and experimentation.

Schemes

In cognitive development, structured patterns of thought or behavior that individuals use to make sense of their experiences, often evolving with new information.