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Which of the Following Is Not a Common Feature of Preferred

Question 66

Multiple Choice

Which of the following is not a common feature of preferred stock?


A) Preferred stock has no voting rights.
B) Preferred stock has no maturity.
C) Management can suspend dividend payments even if dividends are being paid to common stockholders.
D) Dividends paid to preferred stockholders are fixed when the stock is issued.
E) Preferred stock can be convertible to common stock.

Correct Answer:

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