If a firm has only one class of stock,the stock is called:

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If a firm has only one class of stock, it is most likely to be common stock. Common stock represents ownership in a corporation and entitles the shareholders to vote on company matters and receive dividends, if declared by the company. Preferred stock, on the other hand, has a higher claim on assets and earnings than common stock but typically does not carry voting rights. Callable stock and convertible stock are not relevant to this scenario.

If a Firm Has Only One Class of Stock,the Stock