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Bussiness principal class!! A share of preferred stock for Leland Manufacturing currently sells for $120. It offers the investor a dividend rate of 8 percent,
Bussiness principal class!!
A share of preferred stock for Leland Manufacturing currently sells for $120. It offers the investor a dividend rate of 8 percent, on a par value of $10
the investor owns 500 shares, her total annual dividend will equal?
A- $800
B- $8.00
C- $2.000
D- $4,000
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