Question: ATC Inc issues 1 5 0 , 0 0 0 Senes A 8 O N $ 2 5 Par Volee Prelerred Shaves at a price

ATC Inc issues 150,000 Senes A8ON$25 Par Volee Prelerred Shaves at a price of $27. On December 31, the shares are frading at $23. What is ATC's annual deviend payment amount?
8150,000
$276,000
fancono
$324,000
ATC Inc issues 1 5 0 , 0 0 0 Senes A 8 O N $ 2 5

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