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Select one way that common stock differs from preferred stock. a.) Common stock represents ownership in a company, whereas preferred stock does not. b.) Common
Select one way that common stock differs from preferred stock.
a.) Common stock represents ownership in a company, whereas preferred stock does not.
b.) Common stock is generally thought to be less risky than preferred stock.
c.) Common stock may be converted to preferred stock if the holder so chooses. d.) In the case of bankruptcy, common stockholders are only entitled to assets after preferred stockholders have been compensated.
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