(b) The preferred stock of Tushaltd, is discounted in the market at 12 percent. The stock has a dividend rate of 8 percent of its k125 par value. (i) What is the market pricu per share? (5 marks) (ii) If a call price of K130 exists, is this security likel

匿名用户 最后更新于 2021-11-29 14:53 金融Finance

(b) The preferred stock of Tushaltd, is discounted in the market at 12 percent. The stock has a dividend rate of 8 percent of its k125 par value. (i) What is the market pricu per share? (5 marks) (ii) If a call price of K130 exists, is this security likely to be called in the near future? What circumstances would make it more likely for the company to call the shares? Explain.

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