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Title: Mary LeeMary Lee owned 500 shares of Dugan Company's convertible preferred stock at $20 par value. ... Post by: helpmeplease1 on Mar 13, 2023 Mary Lee
Mary Lee owned 500 shares of Dugan Company's convertible preferred stock at $20 par value. She converted each share of preferred stock into four shares of common stock. Refer to Mary Lee. If the convertible preferred stock paid 9% annually and the common stock pays $1.00 a share this year, how much more dividend will Mary Lee receive this year because of her conversion? Title: Re: Mary LeeMary Lee owned 500 shares of Dugan Company's convertible preferred stock at $20 par value. ... Post by: channy40 on Mar 13, 2023 Content hidden
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