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GoodMad_ GoodMad_
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Inkle, Inc. has $200,000 of 10% bonds outstanding (which pay $20,000 interest) and $100,000 of 12% preferred stock (which pay $12,000 dividends). Assume that Inkle's earnings in the upcoming year will be either $50,000 or $100,000. Given these two possibilities, common stockholders' share of earnings will be either ________ or ________.
A) $18,000; $88,000
B) $30,000; $68,000
C) $38,000; $88,000
D) $18,000; $68,000
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Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
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imoyseimoyse
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