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Which of the following true of common stock? a. It may or may not pay dividends based on the board's discretion b. It is often
Which of the following true of common stock? a. It may or may not pay dividends based on the board's discretion b. It is often considered quasi-debt due to fixed payment obligation OC. It creates more legal obligations for the issuer than debt d. Its holders have priority over preferred stockholders in the event of liquidation of assets
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