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Unique Corporation had 70,000 shares of $6 preferred stock, $100 par, and 160,000 shares of $1 par common stock outstanding throughout the year. Net income

Unique Corporation had 70,000 shares of $6 preferred stock, $100 par, and 160,000 shares of $1 par common stock outstanding throughout the year. Net income for the year was $740,000, and Unique declared and distributed a cash dividend of $5.0 per share on its common stock. Earnings per share amounted to

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