On March 11, 20XX, the existing or current (spot) one-year, two-year, three-year, and four-year zero-coupon Treasury security rates were as follows: 1R1 = 4.75%, 1R2 = 4.95%, 1R3 = 5.25%, 1R4 = 5.
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Concord Corporation issued 113,000 shares of $19 par value, cumulative, 7% preferred stock on January 1, 2019, for $2,630,000. In December 2021, Concord declared its first dividend of $720,000.
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