A preferred stock is usually issued with a stated par value,and dividends are typically expressed as a percentage of that par value.

Name: A preferred stock is usually issued with a stated par value,and dividends are typically expressed as a percentage of that par value.
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Quizplus · Accepted Answer

This statement is true. Preferred stock is usually issued with a par value, and its dividends are expressed as a percentage of that value.

A Preferred Stock Is Usually Issued with a Stated Par