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Which of the following typically applies to preferred stock but NOT to common stock? Select one: a. The dividends are a tax-deductible expense. b. Cumulative
Which of the following typically applies to preferred stock but NOT to common stock?
Select one:
a. The dividends are a tax-deductible expense.
b. Cumulative dividends.
c. Dividend yield
d. It is legally considered equity.
e. Par value.
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