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2. (10 points) At the start of 2010, Apollo Corporation has 20,000 outstanding shares of...

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Accounting

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2. (10 points) At the start of 2010, Apollo Corporation has 20,000 outstanding shares of preferred stock, each with a $22 par value and a cumulative 6% annual dividend. The company also has 32,000 shares of common stock outstanding with par value of $28 per share. The company pays total cash dividends as follows. 2010 $0 2011 $ 23,000 2012 $ 19,000 2013 $ 88,000 2014 $ 163,000 Calculate the dividends paid to each category of stockholders, in total and per share

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