Question Content Area Which of the following statements is true pertaining to participating preferred stock?

Which of the following statements is true pertaining to participating preferred stock? Oa. It includes the right to participate in management decisions through voting privileges. Ob. There is a legal requirement for a corporation to declare a regular annual dividend. Oc. It includes the right to share in dividends in excess of the regular annual dividend. Od. Its issuance provides no flexibility to the issuing company because its terms always mandate a regular, annual dividend