Question: Can someone please explain the answer to this question? Thanks A company has issued preferred shares and common shares that are currently outstanding. Yesterday, both

Can someone please explain the answer to this question?

Thanks

A company has issued preferred shares and common shares that are currently outstanding.

Yesterday, both of their preferred and common shares received a $5 dividend per share.

Decide which one of the shares will have a higher share price.

Explain your answer

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