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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 | |