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Cumulative preferred shares means a.shareholders receive additional dividend beyond the stated amount b.dividend in arrears must be paid before any dividend are paid on common
Cumulative preferred shares means
a.shareholders receive additional dividend beyond the stated amount
b.dividend in arrears must be paid before any dividend are paid on common shares
c.preferred shares can be exchanged for common shares at a specific conversion ratio
d.preferred shareholders typically have a preference to dividend
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