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Which of the following statements is true? A. Preferred stock, like common stock, usually has no maturity; i.e., the corporation does not pay back the

Which of the following statements is true? A. Preferred stock, like common stock, usually has no maturity; i.e., the corporation does not pay back the investment. B. The market value of preferred stock, like bonds, will usually fluctuate in value primarily as the result of market rates of interest. C. Preferred stockholders are entitled to dividends before common stockholders can receive dividends. D. All of the above

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