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Assume that Ole Olson is a patron of the Taft Farmers Cooperative. The cooperatives Board of Directors uses a Percentage of All Equities equity redemption
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Assume that Ole Olson is a patron of the Taft Farmers Cooperative. The cooperatives Board of Directors uses a Percentage of All Equities equity redemption plan. The Board of Directors has approved the allocation in Table 2. What percentage of all equity will be redeemed (Please round to six decimals; ex. 0.083416)? How much redeemed equity will Ole receive in 2021? (Please seeTable 2)
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