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Business, 30.12.2020 16:20 245cat

There are 5,000 shares of $50 par value preferred stock outstanding l, and 25,000 shares of common stock outstanding. Preferred stock has an 8 percent guaranteed rate return. Dividends are declared of $1.25 per share of common stock, together with the guaranteed rate for preferred stock

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There are 5,000 shares of $50 par value preferred stock outstanding l, and 25,000 shares of common s...
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