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A share of 5 preferred stock has a par value of $50 and market value of $80. The owners of the preferred stock will receive

A share of 5 preferred stock has a par value of $50 and market value of $80. The owners of the preferred stock will receive a dividend of:(Round your answer to the nearest cent.) 530 per share. 52.50 per share 54.00 per share. $50.00 per share

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