Which of the following is the rate of return that must be earned on preference shareholders' investment in order to satisfy their required rate of return?

Name: Which of the following is the rate of return that must be earned on preference shareholders' investment in order to satisfy their required rate of return?
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Question

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The cost of preference shares represents the rate of return that must be earned by the company in order to satisfy their preferred shareholders' required rate of return.

Which of the Following Is the Rate of Return That