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A corporation has 7 0 , 0 0 0 shares of 6 % preferred stock outstanding. Also, there are 7 0 , 0 0 0
A corporation has shares of preferred stock outstanding. Also, there are shares of common stock outstanding. Par value for each is $ If a $ dividend is paid, what is the amount of dividends per share on common stock?
A $
B $
C $
D $
E None of these
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