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Taking Stock (And Bonds) - Quizlet

  • 1.

    If The Sauce Company issued 5% preferred stock, with a $25 par value, how much in dividends is it required to pay every 6 months?

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    We'll give you the first and last question on this exam. So you know we actually did the whole thing.

    $77.77

  • 2.

    In a liquidation, if there is one class of senior bonds with no specific collateral and a class of junior bonds for which company property has been posted as collateral, who gets the property?


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