Select the one term that best fits each definition
-A class of stock that gives preferred shareholders preference over common shareholders in dividends along with other rights.
A) bond
B) bond issue
C) capital expenditure
D) collateral
E) cost of capital
F) debt financing
G) equity financing
H) financial leverage
I) interest expense
J) issue date
K) line of credit
L) non-operating expenses
M) par value
N) preferred stock
O) prime interest rate
P) revenue expenditure
Q) stated interest rate

Question

Quizplus · Accepted Answer

Preferred stock is a class of stock that provides preferred shareholders with priority over common shareholders in dividends and may include other rights, such as priority in asset distribution upon liquidation.

Select the One Term That Best Fits Each Definition