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the charter of a corporation provides for the issuance of 100000 shares of common stock. Assume that 40000 shares were originally issued and 5000 were

the charter of a corporation provides for the issuance of 100000 shares of common stock. Assume that 40000 shares were originally issued and 5000 were subsequently reacquired . what is the amount of cash dividends to be paid if a $3 per share dividend is declared.

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