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ABC, Inc. has 3,000 shares of 6%, $100 par value, cumulative preferred stock and 50 500 shares of $1 par value common stock outstanding at

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ABC, Inc. has 3,000 shares of 6%, $100 par value, cumulative preferred stock and 50 500 shares of $1 par value common stock outstanding at December 31, 2017 What is the total annual dividend on the preferred stock? O a. $3,000 a O b. $18,000 O c. $1,800 O d. $180

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