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Which of the following does not correctly describe preferred stock? Multiple Choice O Preferred stock has a dividend preference relative to common stock prefered stock

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Which of the following does not correctly describe preferred stock? Multiple Choice O Preferred stock has a dividend preference relative to common stock prefered stock has a di Preferred stockholders receive dividends in arrears only if the shares are cumulative. Shares are cumuhalders rece Preferred stock does not grant voting rights. O Preferred stockholders are guaranteed to receive dividends. restored stockholders are sure

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