Nebraska Company has outstanding 1,547 shares of $2 par value common stock issued at $11 per share
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Question:
Nebraska Company has outstanding 1,547 shares of $2 par value common stock issued at $11 per share in addition to 635 shares of $45 par value 6% cumulative preferred stock issued at $83 per share.
What is the annual dividend preference for the preferred stock?
$0
$3,162
$1,021
$93
$1,715
Expert Answer:
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