Identifying and Analyzing Financial Statement Effects of Cash Dividends On March 15, 2016, Bank of America sued 94,000 shares of 5.875 Pred to Floating Rate Non-Cumulative Preferred Stock Series Ft for $2.35 bilion Dividends are payable semiannually on ar about March 15 and September 15 2. Assume the stock was issued at face value What is the face value of each Series PF share? $ 25000 Is What will be the total dividend for the year ended December 31, 2018 assuming that the number of shares remain unchanged Enterrein millions Roundne to the nearest million 1095036