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Dreadnought Company limited is a Canada Business Corporation. It has 2 classes of shares: 1 0 , 0 0 0 Class A voting no par
Dreadnought Company limited is a Canada Business Corporation. It has classes of shares:
Class A voting no par value common shares $
Class B non voting no par value preferred shares $
The Class B shares are entitled to a fixed dividend rate of $ per share after which both classes are fully participating in dividends.
Dreadnought declares a total dividend of and pays them in days Keep your answers at decimal places
Required : What is the amount of dividends paid out to Class A shareholders? $
Required :What is the amount of dividends paid out to Class B shareholders? $
Required : What is the total amount of dividends paid out to shareholders? $
Required : What is the amount of dividends paid out to a shareholder that has Class A shares? $
Required : What is the amount of dividends paid out to a shareholder that has Class A shares and Class B shares? $
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