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Title: Which of the following statements is FALSE? Post by: stranahan on Nov 17, 2016 Which of the following statements is FALSE?
A) Preferred stock usually has a stated or par value but unlike bonds, this par value is not repaid at maturity because preferred stocks do not have a maturity date. B) Skipped preferred dividends become a liability of the company. C) Preferred stock cannot be converted into common stock. D) The only time the par value of preferred stock would be paid to the shareholder is if the company ceases operations or retires the preferred stock. Title: Re: Which of the following statements is FALSE? Post by: macawmatane on Nov 17, 2016 Content hidden
Title: Re: Which of the following statements is FALSE? Post by: stranahan on Jan 6, 2017 Thank you for the help. I had a few questions on a few of them and this really confirmed my answers.
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