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Which of the following is not a characteristic of preferred stock? A All accumulated dividends owed to the preferred shares must be paid before any

Which of the following is not a characteristic of preferred stock?

A All accumulated dividends owed to the preferred shares must be paid before any dividends can go to the common stock

B Preferred stock holders usually get fixed stream of dividends C Preferred stock does not mature like a bond D Preferred stock holders usually do not have voting rights E In the case of a bankrupcy all debt holder would be paid after preferred shareholders

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