Shares of preferred stock outstanding

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BetterPie Industries has 6 million shares of common stock outstanding, 4 million shares of preferred stock outstanding, and 15,000 bonds. Assume the common shares are selling for $46 per share, the preferred shares are selling for $23.50 per share, and the bonds are selling for 98 percent of par. PLEASE SHOW SIMPLE STEPS, BEEN STUCK ON THIS PROBELM!

Reference no: EM131057814

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