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In: AccountingAssume you are the chief accountant making a presentation duringthe stockholders annual meeting for your...Assume you are the chief accountant making a presentation duringthe stockholders annual meeting for your corporation. Provide abrief explanation to stockholders on each of the followingquestions:SharesIn what ways can shares be “preferred”? In which ways are theysimilar and different from common shares?  Givereal-world examples.How does the book value of shares of stock differ from themarket value of shares of stock? Use a real-world example in youranswer.DividendsDiscuss at least three key issues that a board of directorsconsiders when making a dividend declaration decision.How does a share dividend differ from a share split?Retained EarningsExplain why companies place restrictions on some of theirretained earnings.