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Manney Inc. has 5,000 shares of 4%,$100 par value, cumulative preferred stock and 60,000 shares of $2 par value common stock outstanding at December 31,

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Manney Inc. has 5,000 shares of 4%,$100 par value, cumulative preferred stock and 60,000 shares of $2 par value common stock outstanding at December 31, 2012. What is the annual divided on the preferred stock? 200 in total .40 per share 20,000 in total 40.00 per share

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