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A company has 20,000 $5 non-cumulative preferred shares outstanding with a stated value of $10,000,000. Also, there are 20,000 common shares outstanding. If a $380000

A company has 20,000 $5 non-cumulative preferred shares outstanding with a stated value of $10,000,000. Also, there are 20,000 common shares outstanding. If a $380000 dividend is paid, what is the amount of dividends per share on common shares?

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