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Which of the following is not a characteristic of preferred stock? Group of answer choices Preferred stock dividends must be paid before bond interest payments.

Which of the following is not a characteristic of preferred stock?
Group of answer choices
Preferred stock dividends must be paid before bond interest payments.
Preferred stock does not mature like a bond.
Common stock dividends must be paid after preferred dividends.
Preferred dividends are assumed to be infinite in duration.

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