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Oriole, Inc, has 1120 shares of 7%,$10 par value, cumulative preferred stock and 50300 shares of $1 par value common stock outstanding at December 31,2021

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Oriole, Inc, has 1120 shares of 7%,$10 par value, cumulative preferred stock and 50300 shares of $1 par value common stock outstanding at December 31,2021 . What is the annual dividend on the preferred stock? $7 per share $7840 in total $0.07 per share $784 in total

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