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Assume that the Bell Company declared dividends in 2014, 2015, and 2016. Dividends were $244,000, $378,500, and $247,750, respectively. Determine the dividend to be paid
Assume that the Bell Company declared dividends in 2014, 2015, and 2016. Dividends were $244,000, $378,500, and $247,750, respectively. Determine the dividend to be paid based on the three independent structures (A,B,C). A - 45,000 preferred shares @ $88 par value at 7% cumulative and 245,000 common shares @ $45 par value B - 52,500 preferred shares @ $102 par value at 5.5% cumulative and 298,600 common shares @ $34 par value C - 34,000 shares of preferred stock @ $95 par value at 7.75% non-cumulative and 195,800 shares of common stock @ $68 par value
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