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Kuhns Corp. has 2 0 0 , 0 0 0 shares of preferred stock outstanding that is cumulative and 1 0 0 , 0 0
Kuhns Corp. has shares of preferred stock outstanding that is cumulative and common stock outstanding. The preferred dividend is $ per share and has not been paid for three years. If Kuhns earned $ million this year, what could be the maximum payment to the preferred stockholders on a per share basis?
A $ per share
B $ per share
C $ per share
D $ per share
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