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Business, 06.07.2021 23:10 steffweikeloyrt00

Valley, Inc. has 8000 shares of preferred stock outstanding. The preferred stock has a $150 par value, a 8% dividend rate, and is noncumulative. If Valley has sufficient funds to pay dividends, what is the total amount of dividends that will be paid out to preferred stockholders

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Valley, Inc. has 8000 shares of preferred stock outstanding. The preferred stock has a $150 par valu...
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