A medicine company issued 125000 shares of par value $ 20 each. If the – McqOptions

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1.	A medicine company issued 125000 shares of par value $ 20 each. If the total dividend declared by the company is $ 375000, find out the rate of dividend paid by the company.
A.	15 %
B.	13 %
C.	10 %
D.	14 %
Answer» B. 13 %

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