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EPE494
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Joined: 15 Sep 2008
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Posts: 67

Posted: 07 Oct 2008 at 02:29 \| IP Logged

That's what I am thinking, thank you, n.c.

Pulson
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Joined: 22 Aug 2008
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Posts: 8

Posted: 07 Oct 2008 at 15:16 \| IP Logged

Is the par value of the preferred stock $100? If so, the answer is 8% as explained by cpadream1 above.

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