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What is NOT true about preferred stockholders? A) The preferred stockholders receive the dividend ahead of the common stockholders if the corporation declares a dividend.
What is NOT true about preferred stockholders? A) The preferred stockholders receive the dividend ahead of the common stockholders if the corporation declares a dividend.
B) The preferred stockholders vote for the corporation's board of directors.
C) The preferred stockholders receive the past years' dividends ahead of the common stockholders current year's dividend.
D) The preferred stockholders are ahead of the common stockholders to receive assets if the corporation is liquidated.
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