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A Company Issued 100,000 Fully Paid,5% Preference Shares Priced at $2

Question 20

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

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