Mathematics · Cost of Capital
A company issues 10,000; 10% Preference shares of ₹100 each. The cost of issue is ₹2 per share. What is the Cost of Preference shares if these shares are issued at a discount of 5%?
- 110.35%
- 29.71%
- 39.82%
- 410.75%✓
Correct answer
10.75%
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