Question 16 1 pts On February 2, Alfred Corporation issues 900 shares of $75 par value preferred stock for $80 per share. The stock has a dividend rate of 5 percent. On April 5, Alfred issues 500 more shares of this stock for $82 per share. Alfred pays dividends on October 9. Which of the following is the total amount of dividends paid by Alfred on its preferred stock on October 9? O $5,000 $5,650 O $6,000 O $7,500 $5,250