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Assume an opening preferred return balance of $10,000,000 which carries a preferred return of 6%. If cash flow is $500,000, what is the amount of

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Assume an opening preferred return balance of $10,000,000 which carries a preferred return of 6%. If cash flow is $500,000, what is the amount of preferred return that is paid? $500,000 $1,100,000 $600,000 $100,000

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