PDF MATHS TABLES AND FORMULAE Present value table - CIMA
FORMULAE . Valuation models (i) Irredeemable preference shares, paying a constant annual dividend, d, in perpetuity, where P 0. P. is the ex-div value: 0. k. pref d = (ii) Ordinary (equity) shares, paying a constant annual dividend, , in perpetuity, where ................
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