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Which of the following is a disadvantage of issuing preferred stock from the common stockholders' perspective? a. There is a seniority of preferred stockholder's claim

Which of the following is a disadvantage of issuing preferred stock from the common stockholders' perspective?

a.

There is a seniority of preferred stockholder's claim over common stockholders.

b.

The preferred stockholders have superior voting rights in the selection of board of directors.

c.

The preferred stockholders are always paid a higher proportion of dividend payments.

d.

Issuance of preferred stocks will result in a higher risk to the common stock, which is a disadvantage of common stockholders.

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