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    sheldes's Avatar
    sheldes Posts: 4, Reputation: 1
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    #1

    Sep 26, 2008, 11:22 AM
    preferred dividends
    what is the annual dollar dividend of a $80.00 par value with 11% annual dividends? Thank you!
    bhet's Avatar
    bhet Posts: 77, Reputation: 9
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    #2

    Sep 27, 2008, 02:31 AM

    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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