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Many stockholders choose to invest in preferred stock because: A. preferred dividend distributions generally increase each year B. preferred stock includes the ability to participate
Many stockholders choose to invest in preferred stock because:
- A. preferred dividend distributions generally increase each year
- B. preferred stock includes the ability to participate in management decisions through exercising voting rights on company matters
- C. preferred stock can always be converted into bonds at the stockholders option
- D. preferred stockholders have preference over common stockholders in receiving dividends
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