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Unformatted text preview: You have estimated Income for Yr 1, 2, and 3 and determined that the following amounts could be distributed as dividends: Year 1: $ 50,000 Year 2: 90,000 Year 3: 130,000 1. Determine the dividends per share for preferred and common stock for each year. 2. Prepare a brief memo (no more than 120 words) giving the arguments for and against offering this pre-ferred stock. In the memo also briefly mention other methods of obtaining the cash....
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- Spring '08
- Financial Accounting