Posted: March 24th, 2017

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

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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