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The cumulative feature of preferred stock: a) requires missed dividends to be carried over to the next period. b) has cumulative voting rights. c) has

The “cumulative” feature of preferred stock:

a) requires missed dividends to be carried over to the next period. 

b) has cumulative voting rights. 

c) has a claim to dividends after common stock. 

d) may be exchanged for common stock. 

e) may be redeemed for cash at the option of the stockholder.

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