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Which of the following statements are not true about equity financing? i) Preferred stockholders have the rights to elect the company directors. ii) The company

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Which of the following statements are not true about equity financing? i) Preferred stockholders have the rights to elect the company directors. ii) The company is obligated to pay dividends for all shareholders as compensation. iii) The common stockholders will be receiving constant annual dividends. iv) Preferred stockholders in the riskier position than common stockholders. Select one: a. ii, iii and iv b. i, ii and iii c. None of the above d. All of the above

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