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  • Sep 26, 2008, 11:22 AM
    sheldes
    preferred dividends
    what is the annual dollar dividend of a $80.00 par value with 11% annual dividends? Thank you!
  • Sep 27, 2008, 02:31 AM
    bhet

    the rate of 11% means that the holder of 1 $80.00 par value P stck will receive an annual return of 11% or $8.80 per share.

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