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Which of the following statements is true about common stock? Common stock is considered to have a fixed maturity. Owners of common stock are guaranteed
Which of the following statements is true about common stock?
Common stock is considered to have a fixed maturity. | ||
Owners of common stock are guaranteed dividend payment by the firm. | ||
Owners of common stock have the lowest-priority claim on the firms cash flows. | ||
Common stock holders have unlimited liability for the obligations of the corporation. |
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