Determine the preferred share dividend
Response to the following problem:
A company has 2,000 shares of $100 par, 6%, noncumulative preferred stock outstanding. If the board of directors declares a dividend this year, how much will the preferred shareholders receive?
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What do you say to those who argue that tactics used by followers to get noticed by their leader are shameful and self-serving and should be avoided?
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If the board of directors declares a dividend this year, how much will the preferred shareholders receive?
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