Dividends on preferred and common stock

$100,000$ shares of common stock, $$4$ par.

Required:

share answers to two decimal places. If the amount is zero, please enter $"0".$

Determine the average annual dividend per share for each class of stock for the six$-$year period. Round your answers to two decimal places.

Average annual dividend for preferred stock

$9$

per share

Average annual dividend for common stock

$

per share

and $($b$)$ for common stock. Round your answers to two decimal places.

Preferred stock

$\%$

Common stock