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Preferred dividends Slater Lamp Manufacturing has an outstanding issu

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Preferred dividends Slater Lamp Manufacturing has an
outstanding issue of preferred stock with an $80 par value
and an 11 % annual dividend.
Solution
a. annual dollar dividend = $80 * 11%
= $8.8 per share
quarterly dividend = $80 * 11% * 1/4
= $2.2 per share

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Preferred dividends Slater Lamp Manufacturing has an outstanding issue of preferred stock with an $80 par value and an 11 % annual dividend. Solution a. annual dollar dividend = $80 * 11% = $8.8 per share quarterly dividend = $80 * 11% * 1/4 = $2.2 per share Name: Description: ...
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