If 700 preferred shares with a benchmark value of $35/share, a dividend rate of 5% and redeemable for $50/share, are sold for $45/share how much dividend may the preferred equity holders expect to receive?
A)$525
B)$1,225
C)$1,575
D)$1,750

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The Answer of If 700 preferred shares with a benchmark value of $35/share, a dividend rate of 5% and redeemable for $50/share, are sold for $45/share how much dividend may the preferred equity holders expect to receive?
A)$525
B)$1,225
C)$1,575
D)$1,750

If 700 Preferred Shares with a Benchmark Value of $35/share