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Business, 05.12.2019 05:31 zahrast14

Parrot transport corp. currently pays preferred stockholders a dividend of $1.50 per share and common stockholders a dividend of $1.00 per share. if the firm wants to raise the common stock dividend to $2.00 per share, it will also have to raise the preferred stock dividend to $2.00 per share. which type of provision does parrot have in its preferred stock agreements?

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