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In its December 31, 2022 balance sheet, Bank of America listed $28.4 billion in preferred stock and $59.0 billion in common stock. Which of the
In its December 31, 2022 balance sheet, Bank of America listed $28.4 billion in preferred stock and $59.0 billion in common stock. Which of the basic stockholder rights do preferred stockholders normally give up? The right to excess assets after creditor claims are satisfied The right to vote for members of the board of directors The right to receive dividends when they are declared Limited liability when corporate liabilities exceed corporate assets
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