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At the beginning of 2019. Emily Corporation issued 25,000 shares of $100 par, 8% cumulative preferred stock for $110 per share. No dividends have been

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At the beginning of 2019. Emily Corporation issued 25,000 shares of $100 par, 8% cumulative preferred stock for $110 per share. No dividends have been paid to preferred or common shareholders. What amount of dividends will a preferred shareholder owning 100 shares receive in 2021 Emily pays $1.000.000 in dividends? Multiple Choice $2.640 $2.400 O $25.000 o $2.000

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