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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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