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Question 18 (5 points) At the beginning of 2016, Alex Corporation issued 10,000 shares of $100 par, 5%, cumulative, preferred stock for $110 per share.

Question 18 (5 points) At the beginning of 2016, Alex Corporation issued 10,000 shares of $100 par, 5%, cumulative, preferred stock for $110 per share. No dividends have been paid to preferred or comm...

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