A cumulative dividend preference means that: A. preferred stockholders are paid dividends before common stockholders are paid dividends for the current year only. B. unpaid cash dividends to preferred stockholders must be replaced with stock dividends during the current period. C. preferred stockholders are paid their full fixed dividend rate each period as long as the company is in operation. D. unpaid dividends to preferred stockholders accumulate and must be paid before common stockholders receive dividends.

the correct answer would be b, when, queen, calder hall and london.

explanation:

we always capitalize words when a paragraph or sentence is starting, when an important name is used, when a place is being written, or simply when a noun is used, etc. so in this sentence, sentence is starting from 'when', so it will be written in capital letters. secondly, queen is considered to be an important person, so it will also be written in capital letter. next, the name of the town is mentioned, i-e calder hall, which will also be written in capital letters. in the last,   city name is being used, 'london', which will also be written in capital letters. so option b is the most appropriate one.

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