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. ABC Corporation issues 10 million shares of common stock and 20,000 shares of 8 percent preferred stock at $50 par. The corporation makes an

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. ABC Corporation issues 10 million shares of common stock and 20,000 shares of 8 percent preferred stock at $50 par. The corporation makes an annual profit of $10 million, and the board of directors declar a $5-million-dollar stock dividend. a. What is the preferred stock dividend per share? b. What is the common stock dividend per share

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