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Saimon, Incorporated issues 519,000 shares of preferred stock for $33 a share. The stock has a fixed annual dividend rate of 9% and a par

Saimon, Incorporated issues 519,000 shares of preferred stock for $33 a share. The stock has a fixed annual dividend rate of 9% and a par value of $10 Muriple Choice 50.90 per share. \$2.97 per share. $3.15 per share. $2.07 per share

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