What is "preferred" about a preferred stock?

it gives the holder voting rights

it pays the holder dividends before common dividends may be paid

the return on preferred stocks is equal to or greater than the return on common stocks

in the event of bankruptcy, the preferred shareholders become the sole owners of the company

QUESTION $3$

The dividend yield and the dividend growth rate added together form the investor's return on a common stock investment

yield to maturity

idiosyncratic stock yield

preferred yield

QUESTION $4$

Debentures have first claim among bondholders against a corporation's operating income.

True

False