The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 60,000 shares were originally issued and 10,000 were subsequently reacquired. What is the amount of cash dividends to be paid if a $2 per share dividend is declared? $60,000 $20,000 $120,000 $100,000 If the market rate of interest is greater than the contractual rate of interest, bonds will sell at a premium at face value at a discount only after the stated rate of interest is increased