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The Mark Company has $ 2 5 0 , 0 0 0 to pay dividends. The company has 2 5 , 0 0 0 shares
The Mark Company has $ to pay dividends. The company has shares of $ par, preferred stock and shares of $ par common stock outstanding. The common stock is currently selling for $ per share and the preferred stock is selling for $ per share on the stock market. Determine the amount of dividends to paid for each class of stock preferred stock is nonparticipating and noncumulative. Compute the dividend yield on the preferred stock and common stock.
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