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ABC Company issued 1 0 , 0 0 0 shares of its $ 5 par value common stock having a fair value of $ 2
ABC Company issued shares of its $ par value common stock having a fair value of $ per share and shares of its $ par value preferred stock having a fair value of $ per share for a lump sum of $ How much of the proceeds would be allocated to the common stock and the preferred stock? use the grid below for your calculations:
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