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A Company Issued 100,000, Fully Paid, 5% Preference Shares Priced

Question 38

Multiple Choice

A company issued 100,000, fully paid, 5% preference shares priced at $2 each. The dividend to be paid on the shares for a financial year is:

A) $20,000
B) $5,000
C) $15,000
D) $10,000

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