1.

Find out the annual dividend received by Sunil for his 200 preferred shares and 1000 common shares, both of par value $ 100 each if the dividend declared on a preferred share is 10% per annum and an annual dividend of 121/2% on the common shares.

A. $ 14500
B. $ 550
C. $ 4000
D. $ 3500
Answer» B. $ 550


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