Question: DEN, Inc. has 1 , 0 0 0 , $ 6 , cumulative preferred shares issued at $ 1 0 0 , and 5 0

DEN, Inc. has 1,000, $6, cumulative preferred shares issued at $100, and 50,000 common shares issued at $1, at December 31,2021. What is the annual dividend on the preferred shares?
Question 3Select one:
A.
$0.60 per share
B.
$600 in total
C.
$6,000 in total
D.
$60 per share

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