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WGU C214 Financial Mgmt Pass the OA | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS
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WGU C214 Financial Mgmt Pass the OA | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS Characteristics of preferred stock includes - Answer --dividends in arrears -dividends are cumulative -higher payoff claim in a BK (has first dibs in a BK) -considered "hybrid" (part stock/part bond) -no fixed maturity date -no voting rights -can skip dividend payments -dividends don't change year-after-year -used in start ups (IPO) Preferred stock dividends - Answer -can go without payment and pay in arrears the following year Characteristics of common stock are - Answer --voting rights-no maturity date -corporate governance
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characteristics of preferred stock includes answ
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