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Question Help A corporation has 50,000 shares of 12% preferred stock outstanding. Also, there are 50,000 shares of common stock outstanding. Par value for each
Question Help A corporation has 50,000 shares of 12% preferred stock outstanding. Also, there are 50,000 shares of common stock outstanding. Par value for each is $100. If a $900,000 dividend is paid, what is the amount of dividends per share on common stock? O A. $12.00 O B. $6.00 OC. $3.00 D. $18.00 O E. None of these
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