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Which of the following statements is true? 1. Unlike preferred stockholders, common stockholders do not normally receive dividends. 2. A company may only make dividend
Which of the following statements is true?
1. Unlike preferred stockholders, common stockholders do not normally receive dividends.
2. A company may only make dividend payments to common stockholders after dividends have been paid to preferred stockholders.
3. Preferred stockholders usually have superior voting rights compared with common stockholders.
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