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    Introduction to Accounting
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    Exam 13: Planning Equity Financing
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    Preferred Stock with a $50 Par Value and a Stated
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Preferred Stock with a $50 Par Value and a Stated

Question 20

Question 20

Multiple Choice

Preferred stock with a $50 par value and a stated dividend of 10% that was sold for $100 would entitle the owner of one share to an annual dividend of:


A) $50.00
B) $10.00
C) $ 5.00
D) $ .10

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