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Buck Company has $200,000 of preferred stock redemption value and $900,000 of dividends in arrears. If 100,000 preferred shares are outstanding, what is the book
Buck Company has $200,000 of preferred stock redemption value and $900,000 of dividends in arrears. If 100,000 preferred shares are outstanding, what is the book value per share of preferred stock? (Round the final answer to the nearest cent.) Group of answer choices $7.00 per share $2.00 per share $11.00 per share $9.00 per share
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