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Texas Inc. has 7,000 shares of 7%, $125 par value cumulative preferred stock and 89,000 shares of 1 par value common stock outstanding at December

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Texas Inc. has 7,000 shares of 7%, $125 par value cumulative preferred stock and 89,000 shares of 1 par value common stock outstanding at December 31. What is the annual dividend on the preferred stock Oa. $0.01 per share Ob. 570.00 per share Oc 561250 in total Od 56.230 in total

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