Question: Answer Question 27 (2 points) A preferred share pays an annual dividend of 3.8%. The market price is $160 and the par value is $240.

Answer Question 27 (2 points) A preferred share pays an annual

Answer Question 27 (2 points) A preferred share pays an annual dividend of 3.8%. The market price is $160 and the par value is $240. What is the annual dollar amount of dividends in year 3? Please enter your answer with 2 decimal places. Do not enter units or commas. For example if your answer is $1,234.567; enter 1234.57 Your Answer: Answer Question 28 (2 points)

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