Dividends and Dividend Preferences Video Lessons

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Problem: The annual per share dividend requirement of a 6%, $80 par value preferred stock that was issued for $85 is: a. $4.80 b. $5.10 c. $6.00 d. $8.00

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The annual per share dividend requirement of a 6%, $80 par value preferred stock that was issued for $85 is:

a. $4.80

b. $5.10

c. $6.00

d. $8.00

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