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Preferred stock is considered to be a special type of debt rather than equity because of all of the following reasons except that preferred stock
Preferred stock is considered to be a special type of debt rather than equity because of all of the following reasons except that preferred stock holders receive a fixed dividend. O preferred stocks often have credit ratings. if preferred stock dividends are not paid it would be legally viewed as a default. O regular preferred stock has no voting rights. Which one of the following statements is NOT true about common stock? Common stocks have no final maturity date. The size and timing of dividend cash flows are less certain than the coupon payments for bonds. Common stock holders have the right to vote on the selection of the board of directors. Common stock holders have unlimited liability
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