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Preferred stock is similar to common stock in the following way; a. both preferred stock and common stock provide equal periodic dividends. b. both investments
Preferred stock is similar to common stock in the following way;
a. | both preferred stock and common stock provide equal periodic dividends. | b. | both investments have a final maturity value set by the issuing agreement. | c. | both contain a dividend growth factor. | d. | as equity, both are subordinate to bondholders in the event of bankruptcy. |
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