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Blue Corporation declared $30,000 cash dividends to shareholders after its first year of operations. The corporation has 4,000 shares of $25-par, 5% preferred stock and

Blue Corporation declared $30,000 cash dividends to shareholders after its first year of operations. The corporation has 4,000 shares of $25-par, 5% preferred stock and 10,000 shares of $10-par common...

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