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Business, 17.07.2019 02:10 cp838761

At the beginning of 2016, emily corporation issued 24,000 shares of $100 par, 7%, cumulative, preferred stock for $110 per share. no dividends have been paid to preferred or common shareholders. what amount of dividends will a preferred shareholder owning 100 shares receive in 2018 if emily pays $1,000,000 in dividends?

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