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why a company issued redeemable cumulative preference shares?

2007-05-12 01:52:09 · 1 answers · asked by Anonymous in Business & Finance ➔ Investing

1 answers

To raise funds (cheaply - especailly to take advantage of any current Market overvaluation of it's ordinary shares)

2007-05-12 02:21:15 · answer #1 · answered by Steve B 7 · 0⤊ 0⤋

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