A dividend on common stock, whether declared or not, is not a legal liability of the firm.
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Q33: The dividend growth model considers capital gains
Q34: Dividends on preferred stock are deductible from
Q35: Dividends are a tax deductible expense.
Q37: A firm must make its dividend payments
Q38: For income tax purposes, preferred stock is
Q39: Most preferred stocks have dividends that are
Q40: Preferred stock has a stated liquidation value.
Q41: Preferred stock is never callable.
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