Elvin Inherited 1000 Shares of 7 Percent Preferred

Multiple Choice

Elvin inherited 1000 shares of 7 percent preferred.She has been assured by her broker that the company is in sound financial health even though it did not pay any dividends this year.Elvin should next find out whether

A) this preferred stock qualifies for the dividend tax credit.
B) rights are cumulative.
C) there is any collateral for these shares.
D) rights are participating.
E) the preferred stock is included under the registered class rights.