A company issued 7% preferred stock with a $100 par value.This means that:

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The 7% preferred stock means that the potential dividend is $7 per year per preferred share. This is because the dividend is calculated as a percentage of the par value ($100) of the stock. Option A is not entirely true as the dividend is not guaranteed but rather determined by the company's ability to pay. Option C is also incorrect as preferred shareholders are entitled to a fixed dividend, not a percentage share of the income. Option D may not necessarily be true as the market price per share can fluctuate based on supply and demand. Option E is also incorrect as there is no limit on the amount of capital that can be preferred stock.

A Company Issued 7% Preferred Stock with a $100 Par