Identify whether the key characteristic describes common stock (CS) or preferred stock (PS).
_____ 1. Source of financing which places minimum constraints on the firm.
_____ 2. Used often in mergers.
_____ 3. Potential dilution of earnings and voting power.
_____ 4. Fixed financial obligation.
_____ 5. Increases the firm's borrowing power.
_____ 6. May have cumulative and participating features.
_____ 7. May be convertible into another type of security.
_____ 8. Last to receive earnings or distribution of assets in the event of bankruptcy.
_____ 9. Frequently includes a call feature.

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The Answer of Identify whether the key characteristic describes common stock (CS) or preferred stock (PS).
_____ 1. Source of financing which places minimum constraints on the firm.
_____ 2. Used often in mergers.
_____ 3. Potential dilution of earnings and voting power.
_____ 4. Fixed financial obligation.
_____ 5. Increases the firm's borrowing power.
_____ 6. May have cumulative and participating features.
_____ 7. May be convertible into another type of security.
_____ 8. Last to receive earnings or distribution of assets in the event of bankruptcy.
_____ 9. Frequently includes a call feature.

Identify Whether the Key Characteristic Describes Common Stock (CS) or Preferred