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  • May 9, 2007, 12:46 PM
    masud
    Total Dividends ?
    Hey everyone

    I am revising my syllabus because exam in June, so help me

    A company has in issue 50000 8% prefrence shares of $1 each and 600000 ordinary shares of 25c each. The directors have decided to dclare a final dividend of 3 cents per share before the year end.

    What amount will be the total dividends for the year?


    THANKS:p

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