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Which statement is correct about common stocks and preferred stocks? A. Preferred stockholders have the right to vote on all company issues. B. Common stocks
Which statement is correct about common stocks and preferred stocks?
A. Preferred stockholders have the right to vote on all company issues.
B. Common stocks and preferred stocks are essentially the same.
C. A fixed amount of dividend interest is paid to common stockholders periodically.
D. Common stockholders have the right to purchase newly issued stocks before preferred stockholders.
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