question archive DF Berhad has been paying annual preferred dividends of RM2
DF Berhad has been paying annual preferred dividends of RM2
Subject:FinancePrice: Bought3
DF Berhad has been paying annual preferred dividends of RM2.60 and it is expected to continue to do so indefinitely. The current price of the preferred share is RM16 per share and the flotation cost is RM1.30 per share. What is the cost of preference share? Briefly explain your answer
