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How much will the preferred and the common stockholders

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Reference no: EM133033230

Problem - Given: 20,000 shares cumulative preferred stock [$2.25 dividend per share}: 40,000 shares common stock. Dividends paid: 2013, $8,000; 2019. 0; and 2020, $160,000.

Required - How much will the preferred and the common stockholders receive each year?

Reference no: EM133033230

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