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What is the annual dividend on the preferred stock

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Reference no: EM132421193

Problem: Bramble corp. has 17000 shares of 6%, $100 par value, cumulative preferred stock and 85000 shares of $1 par value common stock outstanding at December 31,2017. What is the annual dividend on the preferred stock?

Reference no: EM132421193

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What is the annual dividend on the preferred stock : Bramble corp. has 17000 shares of 6%, $100 par value, cumulative preferred stock and 85000 shares of $1 par value common stock outstanding at December 31,2017.
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