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how much of a dividend would be allocated to a firm's preferred shareholders and to its common shareholders, given the following fact? The firm declares
how much of a dividend would be allocated to a firm's preferred shareholders and to its common shareholders, given the following fact? The firm declares a total cash dividend of $10,000. The firm has 100,000 shares of 6%, 1% par value preferred stock issued and outstanding, and 200,000 shares of $1 par value common stock issued and outstanding.
Total amount of the $10,000 dividend allocated to:
Preferred stock = ?
Common stock= ?
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