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8 -6 Preferred stock is considered to be a special type of debt rather than equity because preferred stocks often have maturity. preferred stockholders receive
8 -6
Preferred stock is considered to be a special type of debt rather than equity because preferred stocks often have maturity. preferred stockholders receive a fixed dividend. if preferred stock dividends are not paid it would be legally viewed as a default. regular preferred stock confers voting rightsStep by Step Solution
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