7.5 Common versus Preferred Stock Suppose a company has a preferred stock issue and a common stock issue. Both have just paid a $2 dividend. Which do you think will have a higher price, a share of the preferred or a share of the common? LO 2 7.9 longer periods? Corporate Ethics Is it unfair or unethical for corporations to create classes of stock with unequal voting rights? LO1 7.1 LO 1 7.2 Stock Valuation Why does the value of a share of stock depend on dividends? Stock Valuation A substantial percentage of the companies listed on the NYSE and the NASDAQ don't pay dividends, but investors are nonetheless willing to buy shares in them. How is this possible given your answer to the previous