Equity claims representing ownership of the net income and assets of a corporation that receive a fixed dividend before common stockholders are entitled to anything are called

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Preferred stock is a type of equity security that represents ownership of the net income and assets of a corporation. Preferred stockholders are entitled to receive a fixed dividend before common stockholders, which means that they have priority over common stockholders when it comes to receiving dividends. Mutual funds, common stock, and corporate bonds do not have this feature.

Equity Claims Representing Ownership of the Net Income and Assets