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a. Which of the following statements(s) is (are) false regarding preferred stock? Preferred stock dividends are not a liability of the firm unless they are

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a. Which of the following statements(s) is (are) false regarding preferred stock? Preferred stock dividends are not a liability of the firm unless they are declared Preferred stock does not carry voting rights b. Preferred stock dividends must be paid before dividends can be paid to common stockholders Like bonds, preferred stocks have maturity c. d

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