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Listen Equity claims representing ownership of the net income and assets of a corporation that receive a dividend before common stockholders are entitled to anything
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Equity claims representing ownership of the net income and assets of a corporation that receive a dividend before common stockholders are entitled to anything are called preferred stock
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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
