Brian's Stereo Ltd Issued Preferred Shares That Have a $10

Multiple Choice

Brian's Stereo Ltd issued preferred shares that have a $10 dividend.This means that:

A) Preferred shareholders have a guaranteed dividend.
B) The amount of the dividend is $10 per year per share.
C) Preferred shareholders are entitled to 10% of the annual profit.
D) The market price is $100 per share.
E) The market price is $10 per sharE.