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What type of stock normally pays a fixed dividend, gets the highest priority for dividend payments, and maintains rights to deferred dividends? Question 13 options:
What type of stock normally pays a fixed dividend, gets the highest priority for dividend payments, and maintains rights to deferred dividends?
Question 13 options:
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Cumulative common
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Noncumulative preferred
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Senior common
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Noncumulative common
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Cumulative preferred
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