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Which one of the following statement below is Incorrect? A) Preferred stocks have senior claims on assets and cash flow over common stocks. B) Common
Which one of the following statement below is Incorrect?
A) Preferred stocks have senior claims on assets and cash flow over common stocks.
B) Common dividends are typically variable over time.
C) Preferred dividends are tax deductible while common dividends are not
D) Bonds have fixed maturity, stocks do not have maturity
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