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Day Inc. has 4,679 shares of 8%, $100 par value cumulative preferred stock and 83,166 shares of $1 par value common stock outstanding at December

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Day Inc. has 4,679 shares of 8%, $100 par value cumulative preferred stock and 83,166 shares of $1 par value common stock outstanding at December 31. What is the annual dividend on the preferred stock? Select the correct answer. O $6,653 in total $80.00 per share $37,432 in total $4,679 in total

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