Lemon Limited has an issue of preference shares outstanding that pays a $1.40 dividend every year....

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Lemon Limited has an issue of preference shares outstanding that pays a $1.40 dividend every year....

Lemon Limited has an issue of preference shares outstanding that pays a $1.40 dividend every year. If the required return is 8% what should the preference shares currently sell for?

business accounting

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Answer 1

Answer #1

Preferred stock dividend - $1.40 Per share Required rate of return. RR - 8% $1.40 Per share / 8% $17.5 Per share Ans : Prefer

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Answer 2

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Lemon Limited has an issue of preference shares outstanding that pays a $1.40 dividend every year....

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Lemon Limited has an issue of preference shares outstanding that pays a $1.40 dividend every year....

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Lemon Limited has an issue of preference shares outstanding that pays a $1.40 dividend every year....