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Question #5 Binder Company has 5000 shares of $10 par 6% cumulative preferred stock and 100,000 shares of $5 par common stock. The Company pays

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Question #5 Binder Company has 5000 shares of $10 par 6% cumulative preferred stock and 100,000 shares of $5 par common stock. The Company pays a total of $2,000 of dividends in year one and $14,000 of dividends in year two. How much of the dividends will be distributed to each class of stock? Preferred Common Total DividendDividend Dividend Year 1 Year 2 Submit Question 0 of 5 Attempts Used MacBook Air Fs 0 0

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