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Texas Inc. has 8,000 shares of 55125 par value cumulative preferred stock and 02,000 shares of $1 par value common stock outstanding at December 31.

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Texas Inc. has 8,000 shares of 55125 par value cumulative preferred stock and 02,000 shares of $1 par value common stock outstanding at December 31. What is the annual dividend on the preferred stocko 54.400 in total b. per than 550.00 per share d. 350,000 in

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