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The Preference Share of Gainsite Ltd Is Selling Currently at $110.35

Question 2

Multiple Choice

The preference share of Gainsite Ltd is selling currently at $110.35. If your required rate of return is 9.75 percent, what is the dividend paid by this share?


A) $9.75.
B) $11.32.
C) $10.76.
D) $8.53.

Correct Answer:

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