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Which one of the following statements is correct? Question 1 options: A) Dividends on preferred stocks are tax-deductible to individual investors but not to corporate

Which one of the following statements is correct?

Question 1 options:

A)

Dividends on preferred stocks are tax-deductible to individual investors but not to corporate investors

B)

Common stock dividends cannot be paid if preferred dividends on cumulative preferred stock were not paid

C)

Preferred stockholders always have voting rights

D)

Nonpayment of preferred stock dividends leads to bankruptcy

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