Homework Answers
Par value of preferred stock = $200,000
Preferred dividend rate = 5%
Preferred dividend payable = $200,000 * 5% = $10,000
Total Dividend paid = $50,000
Dividend paid to Preferred stock holders = $10,000
Dividend paid to Common stock holders = $50,000 - $10,000 = $40,000
So, Dividend paid to Preferred stock holders = $10000
Option 'A' is correct
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