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Which one of these is CORRECT regarding preferred stock? Question 1 options: a) Failure to pay preferred stock dividends results in bankruptcy. b) Preferred stocks
Which one of these is CORRECT regarding preferred stock?
Question 1 options:
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a) | Failure to pay preferred stock dividends results in bankruptcy. |
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b) | Preferred stocks value is based on prevailing interest rates. |
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c) | Preferred stockholders have voting rights. |
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d) | Preferred stocks dividends are tax deductible for corporations. |
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