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A company has 500 shares of 10% preference share capital outstanding, par value is P...

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Accounting

A company has 500 shares of 10% preference share capital outstanding, par value is P 45 per share and market value is P 65 per share. The total guaranteed dividends for the year on this share capital would be

a. P 4.5

b. P 1,800

c. P 3.6

d. P 2,250

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