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Alto company issued 7% preferred stock with a $100 par value. this means that:

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Alto Company issued 7% preferred stock with a $100 par value. This means that O preferred shareholders have a guaranteed dividend. the amount of the potential dividend is $7 per year per preferred share. preferred shareholders are entitled to 7% of the annual income. O the market price per share will approximate $100 per share. […]

Alto company issued 7% preferred stock with a $100 par value. this means that: Read More »

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