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Which of the following is a FALSE statement about preferred shares? A. Provide the owner with a claim to a fixed amount of equity. B.

Which of the following is a FALSE statement about preferred shares?

A.

Provide the owner with a claim to a fixed amount of equity.

B.

Always have voting rights.

C.

Dividends must be paid in entirety before the common shareholders can receive any payments.

D.

Have preference over common shares with respect to income and assets.

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