As with common stock,preferred stock always has a par value,and also,like common stock,the par value is unimportant in the event of liquidation.However,the preferred stock dividend does depend on the par value and the dividend is usually stated as a percentage of par.

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The Answer of As with common stock,preferred stock always has a par value,and also,like common stock,the par value is unimportant in the event of liquidation.However,the preferred stock dividend does depend on the par value and the dividend is usually stated as a percentage of par.

As with Common Stock,preferred Stock Always Has a Par Value,and