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Please answer preferred or common: 1. Expected dividend rate expressed as percent of par 2.Missed dividends are said to be in arrears for cumulative type
Please answer preferred or common:
1. Expected dividend rate expressed as percent of par
2.Missed dividends are said to be "in arrears" for cumulative type
3.Usually not callable
4.Has the lower priority in liquidation
5.May be convertible
6. Has more volatility in value based on success or failure of business
7. More likely to posses voting rights
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