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Question 5 An 8 percent preferred stock with a market price of R110 per share and a R100 par value pays a cash dividend of

Question 5

An 8 percent preferred stock with a market price of R110 per share and a R100 par value pays a cash dividend of ________.

A. R4.00
B. R8.00
C. R8.80
D. R80.00

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