Factors affecting the market price of shares.
(a) Murdock Corporation has outstanding several different share issues. For each of the types of share listed below, briefly describe a situation or circumstance that would cause the market price of that type of share to increase.
Preference share
Ordinary share
Convertible preference share
(b) How would the increase in market value of any of Murdock's share be reflected in Murdock's financial statements?
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