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heights corporation has 100,000, 5%, $100 par preferred shares outstanding,. The stock is callable at 102 but was originally issued at 99. The current dividend

heights corporation has 100,000, 5%, $100 par preferred shares outstanding,. The stock is callable at 102 but was originally issued at 99. The current dividend has been fully paid. Total stock holders equity is $20,000,000. The residual common equity is:

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