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Which of the following is true regarding a firm's securities? A. Common dividends are paid before preferred dividends. B. Preferred stockholders have voting rights. C.

Which of the following is true regarding a firm's securities?
A.
Common dividends are paid before preferred dividends.
B.
Preferred stockholders have voting rights.
C.
Preferred dividends are usually cumulative.
D.
Preferred dividends are contractual obligations.
E.
Common dividends usually can be paid if preferred dividends have been skipped.

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