Which of the following statements is CORRECT? a. Preferred dividends are not generally cumulative ob Preferred stockholders have a priority over bondholders to the income in the event of a bankruptcy, but not to the proceeds in the event of a liquidation c Corporations cannot buy the preferred stocks of other corporations The preferred stock of a given firm is generally less risky to investors than the same firm's common stock QUESTION 23 A share of stock just recently released a dividend for $1.82 per share, glven an expected dividend growth rate of 3.70%, and a discount rate of 10 30%, what is the price per share of the stock? a $17.67 b $27.58 c$28,60 d. 549.19 QUESTION 24 A share of stock expects a dividend of $1.00 per share in the coming year, given an expected dividend growth rate of 10.00%, and a discount rate of 24 50%, what is the price per share of the stock? a 57.59 b. $10.00 C. 56.90 Od 5-6.90