We emphasized that common shareholders have a. Residual risk and return in a corporation. b. Voting rights.

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We emphasized that common shareholders have

a. Residual risk and return in a corporation.

b. Voting rights.

c. Limited liability if the corporation elects to default on its debt and must transfer some or all of its assets to the creditors. LO.1

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Corporate Finance

ISBN: 9780073105901

8th Edition

Authors: Jeffrey Jaffe, Bradford D Jordan

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