Brisbane Power Issued Preference Shares in 1998 That Had a Par

question 19

Multiple Choice

Brisbane Power issued preference shares in 1998 that had a par value of $85.The preference shares pay a dividend of 5.75%.Investors require a rate of return of 6.50% today on these shares.What is the value of the preference shares today? Round to the nearest $1.

• A)$100
• B)$85
• C)$75
• D)$16

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Definitions:

Homologous Chromosomes

Pairs of chromosomes in a diploid organism, one inherited from each parent, that have corresponding gene sequences and structures.

Crossing Over

A genetic process occurring during meiosis where homologous chromosomes exchange segments of genetic material to form recombinant chromosomes, contributing to genetic diversity.

Same Chromosome

Refers to genes or genetic markers located on the same chromosome and often inherited together.

Assortment

The process during meiosis where chromosomes are randomly distributed to the gametes, contributing to genetic diversity.