A _____ is a form of equity security that has a stated liquidating value.

Question

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Preferred stock is a form of equity security that is similar to common stock but has a stated liquidating value. This means that in the event of liquidation or bankruptcy, preferred stockholders will receive their stated liquidating value before common stockholders. Debentures and bonds are debt securities, while common stock represents ownership in a company but does not have a stated liquidating value. A proxy is a document that authorizes another person to vote on behalf of a shareholder.

A _____ Is a Form of Equity Security That Has