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Prelerred Stock: is lisied in the liabilites section of a balance sheet. is a type of comporale debt. has a stated dvidend but no stated

Prelerred Stock:

is lisied in the liabilites section of a balance sheet.

is a type of comporale debt.

has a stated dvidend but no stated liquidation value.

is treated like debi for tax purposes.

is treated like equity for both tax and accounting purposes.

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