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Stocks and Shares
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 12 1/ 2% on the common shares.
$ 14500
$ 550
$ 4000
$ 3500
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Correct Answer:
$ 14500
Explanation:
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