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Dividends per share Lightfoot Inc., a software development firm, has stock outstanding as follows: 41,000 shares of cumulativ

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1st year 2nd year 3rd year 4th year
Preferred stock (dividend per share) $0.63 $1.51 $1.60 $1.25
Common stock (dividend per share) $0 $0 $0.13 $0.73
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