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    shonat29's Avatar
    shonat29 Posts: 1, Reputation: 1
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    #1

    Nov 13, 2012, 02:11 PM
    Preferred stock
    A preferred stock paying 8.9% dividend on a $148 par value
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Nov 13, 2012, 08:23 PM
    $148 times 8.9% times number of shares equals the total amount of dividends.
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