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Which of the following statements regarding preferred stock and preferred stock dividends is not true? Multiple Choice Companies are inclined to routinely distribute dividends on

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Which of the following statements regarding preferred stock and preferred stock dividends is not true? Multiple Choice Companies are inclined to routinely distribute dividends on preferred stock. The preferred dividend rate is an important factor in determining the market price of a preferred stock. o In the long run, a company must be profitable enough to pay dividends. a Dividends on preferred stock are guaranteed

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