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On February 5, 2021, the board of directors of Thompson & Thompson Builders voted to distribute $3,440,000 to the firm's stockholders. If the firm

On February 5, 2021, the board of directors of Thompson & Thompson Builders voted to distribute $3,440,000 to the firm's stockholders. If the firm has issued 100.000 shares of 4% preferred stock with a par value of $50 and 1,860,000 shares of common stock outstanding, calculate the following. (Round all answers to the nearest cent.) 1. Dividend per share of preferred stock: $0 2. Oividend per share of common stock: O O %24

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