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24.Which of the following statements is false? Dividends are not a liability of the firm. Most preferred dividends are cumulative. Coupons are not a liability

24.Which of the following statements is false?

Dividends are not a liability of the firm.

Most preferred dividends are cumulative.

Coupons are not a liability of the firm

Preferred stock does not generally carry voting rights.

The US equity markets have been found to be semi-strong efficient.

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