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Tables US has a cumulative preferred share issue that is supposed to pay a quarterly dividend of $2. Due to financial constraint the company failed

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Tables US has a cumulative preferred share issue that is supposed to pay a quarterly dividend of $2. Due to financial constraint the company failed to pay four consecutive dividends to investors and then managed to pay an ordinary share dividend the very next quarter. How much cash must company pay to each preferred shareholder? 7 A B I E $

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