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Swifty Corporation has 6000 shares of 12%, $100 par value, cumulative preferred stock and 30000 shares of $1 par value common stock outstanding at December

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Swifty Corporation has 6000 shares of 12%, $100 par value, cumulative preferred stock and 30000 shares of $1 par value common stock outstanding at December 31, 2017. What is the annual dividend on the preferred stock? O $72000 in total $12000 in total $0.12 per share O $120 per share

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