What will be the output of the following C# code snippet?

class UnsafeCode
{
    unsafe static void Main()
    {
        char[] arr = { 'A', 'B', 'C', 'D', 'E' };
        fixed (char* P = arr)
        {
            int i;
            for (i = 0 ;i < 5 ;i++)
            if (*P % 2 == 0)
            ++*P;
            else
            (*P)++;
            Console.WriteLine(arr);
        }
        Console.ReadLine();
    }
}