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Business, 21.11.2019 04:31 genyjoannerubiera

Sun inc. has 5,000 shares of 6%, $100 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at december 31, 2007.

what is the annual dividend on the preferred stock? a. $60 per shareb. $30,000 in totalc. $3,000 in totald. $0.60 per share

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Sun inc. has 5,000 shares of 6%, $100 par value, cumulative preferred stock and 50,000 shares of $1...
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