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2400 Blossom Company has 26000 shares of 6% $100 par value, cumulative preferred stock and 130000 shares of $1 par value common stock outstanding at
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Blossom Company has 26000 shares of 6% $100 par value, cumulative preferred stock and 130000 shares of $1 par value common stock outstanding at December 31, 2020. What is the annual dividend on the preferred stock? 0 $6000 in total O $156000 in total $60 per share $0.60 per share Step by Step Solution
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