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which of the following statements are correct? a. preferred shares have more voting rights than common shares b. in case of bankruptcy and liquidation assets,
which of the following statements are correct?
a. preferred shares have more voting rights than common shares
b. in case of bankruptcy and liquidation assets, common shares have more priorities over preferred shares tho claim their dividend
c. preferred shares typically have fixed dividend, whereas the dividend for common shares is determined by a firm's board of directors every year
d. a firm's residual earnings technically belong to the preferred shareholders
e. preferred shareholders are the real "owner" of the firm
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