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Firms which issue both common and preferred stocks are referred as dual class firms. True False If you own 15,000 shares of stock of Nike

Firms which issue both common and preferred stocks are referred as dual class firms.

True

False

If you own 15,000 shares of stock of Nike and it pays a dividend of $0.28 per share, then what is the total dividend you will receive?

A.

$5,200

B.

$6,200

C.

$3,200

D.

$4,200

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