question archive Company A issued a 5% preference share at par of $300 and its current price is $280
Company A issued a 5% preference share at par of $300 and its current price is $280
Subject:FinancePrice: Bought3
Company A issued a 5% preference share at par of $300 and its current price is $280. If an investor requires a return of 6% p.a., should he buy the preference share of Company A? Why?
