Preferred stock has characteristics of both debt and common stock. Which characteristics of preferred stock resemble that of common stock?

Group of answer choices

Preferred and common dividends are not tax deductible expenses; preferred and common stock both carry voting rights

Preferred and common stock both carry voting rights; preferred and common dividends are equally stable and are at managements discretion

Preferred and common stock are classified as a Liability on balance sheet; preferred and common dividends are not tax deductible expenses

Preferred & common dividends are not tax deductible expenses; both preferred & common stock are classified as Shareholder Equity on balance sheet; preferred & common stock have infinite maturities; both pay dividends at managements discretion