The correct answer is D. preference shares.
Preference shares are a type of equity share that entitles the holder to a fixed dividend, which is paid out before any dividends are paid to ordinary shareholders. Preference shares also have priority over ordinary shares in the event of a liquidation.
Bears are investors who believe that the price of a security or asset is going to go down. Bulls are investors who believe that the price of a security or asset is going to go up. Shareholders are people who own shares in a company.
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