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Which of the following is true about Preferred Stock? A) Preferred shareholders always have voting rights. B) In most cases, if a company fails to
Which of the following is true about Preferred Stock? A) Preferred shareholders always have voting rights. B) In most cases, if a company fails to pay a preferred dividend when it is due the preferred shareholders have no right to collect that dividend in the future. C) Preferred dividends must be paid before the company can pay a dividend on its common stock. D) Like bonds, preferred stock always has a maturity date at which time the issue price must be repaid to shareholders.
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