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PLEASE SOLVE ALL 1.00 points MC Qu.152 A company issues... A company issues 504,000 shares of preferred stock for $34 a share. The stock has

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1.00 points MC Qu.152 A company issues... A company issues 504,000 shares of preferred stock for $34 a share. The stock has a fixed annual dividend rate of 9% and a par value of $13 per share. The current price of the preferred stock is $36 a share. If sufficient dividends are declared, preferred stockholders can anticipate receiving annual dividends of: Oire O $3.06 per share $1.17 per share O $3.24 per share

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