Dividends and Dividend Preferences Video Lessons

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Problem: Christian's Kitties has 100,000 shares of cumulative preferred stock outstanding which pays $4 per share. Christians Kitties has not paid dividends the past two years. How much will Christian's Kitties have to pay its cumulative preferred stockholders this current year?

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Christian's Kitties has 100,000 shares of cumulative preferred stock outstanding which pays $4 per share. Christians Kitties has not paid dividends the past two years. How much will Christian's Kitties have to pay its cumulative preferred stockholders this current year?

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Based on our data, we think this problem is relevant for Professor Cainas' class at USF.