Question 7 4 pts Which of the following is not a widely known stock market index? The Dow Jones Industrial Average The OTQ Composite Index The New York Stock Exchange Index The S&P 500 Index Question 8 4 pts Which of the following statements about preferred stock is FALSE? Preferred stock has a higher-priority claim on the firm's assets than the common stock Failure to pay dividends on preferred stocks will result in a default. Preferred stock has a lower-priority claim on the firm's assets than the firm's creditors in the event of default. Preferred stock typically pays a fixed dividend