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(a) Mercy Inc. has 1million shares outstanding.You own 200 shares.On November 1, Mercy Inc.will pay a $10million quarterly dividend.How much money do you expect to
(a) Mercy Inc. has 1million shares outstanding.You own 200 shares.On November 1, Mercy Inc.will pay a $10million quarterly dividend.How much money do you expect to receive on Novembet 1? (b) Debt holder/ creditors, preferred stickholders, and common stockholders all have claim on a conpany's assets.In the event of bankruptcy, who has the first, second and last claim?
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