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Question 8 Not yet Points out of 100 Aguirre Company issues 500 shares of its $5 par value common stock having a market value
Question 8 Not yet Points out of 100 Aguirre Company issues 500 shares of its $5 par value common stock having a market value of $25 per share and 750 shares of its $15 par value preferred stock having a market value of $20 per share for a lump sum of $24,000 How would the proceeds be allocated between the common and preferred stock? O Common Preferred Stock Stock $2,500 $21,500 Ob Common Preferred Stock Stock $10,000 $13,091 Common Preferred Stock Stock $12,500 $15,000 Od Common Preferred Stock Stock $12,750 $11,250 O Common Preferred Stock Stock $13,333 $10,667
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