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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:

a)

Failure to pay preferred stock dividends results in bankruptcy.

b)

Preferred stocks value is based on prevailing interest rates.

c)

Preferred stockholders have voting rights.

d)

Preferred stocks dividends are tax deductible for corporations.

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