A corporation has 10,000 shares of 8 percent cumulative preferred stock and 20,000 shares of common stock outstanding. Par value for each is $100 . No dividends were paid last year, but this year a $200,000 dividend is paid. How much of this $200,000 goes to the holders of common stock?

A contract requires an offer and an acceptance

Indicate whether the statement is true or false

Which of the following is true of NPV profile?

A) It is used for evaluating and comparing independent projects when conflicting ranking exists. B) It is a graph that illustrates a project's IRR against various values of NPV. C) It shows an inverse relationship between a project's IRR and NPV. D) It charts the net present value of a project as a function of the cost of capital.