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b is not correct & i dont think any of the other answers make sense Which of the following is true of (ordinary) preferred shares?

b is not correct & i dont think any of the other answers make sense image text in transcribed
Which of the following is true of (ordinary) preferred shares? a) The greater a company's profit, the higher the dividend paid on preferred stock. b) You should expect a higher return from a company's preferred than from its common shares. oc) Preferred shareholders have priority in payments from a company in bankruptcy relative to the company's bank and bond creditors. O d) None of these

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