What type of preferred share is entitled to dividends

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Question 1: What type of preferred share is entitled to dividends above its specified dividend if the common shares receive excess dividends and must receive dividends in arrears before the common dividends can be declared?

Option a) cumulative and participating

Option b) cumulative and non-participating

Option c) redeemable and participating

Option d) redeemable and cumulative

Reference no: EM132517575

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