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Swifty Corporation has 550 shares of 6%, $100 par value, cumulative preferred stock and 27500 shares of $1 par value common stock outstanding at December

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Swifty Corporation has 550 shares of 6%, $100 par value, cumulative preferred stock and 27500 shares of $1 par value common stock outstanding at December 31, 2020. What is the annual dividend on the preferred stock? O $600 in total. O $0.60 per share. O $60 per share. O $3300 in total

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