A company issues 10% Irredeemable preference shares. The face value per share is RO 10, but the issue price is RO 9.5. what is the cost of preference share?

How much money does ron have left each month after his fixed expenses? ron graduated from college five years ago. he recently bought a house, but shares it with a housemate who pays him $800 a month for rent and utilities. ron is putting a budget worksheet together so he will have a better idea of where his money is going and where he can save. enlarge