Question 11 Cumulative preference shares: a. may not participate over and above the stock market yields b. are not assured of receiving a dividend every year c. dividends accumulate and must be paid in full d. reduce the firm's obligation to its shareholders O a O Od dividends accumulate and must be paid in full may not participate over and above the stock market yields reduce the firm's obligation to its shareholders are not assured of receiving a dividend every year Question 12