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dbomb1 dbomb1
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A month ago
Which of the following is a FALSE statement about preferred shares?

▸ Have preference over common shares with respect to income and assets.

▸ Always have voting rights.

▸ Provide the owner with a claim to a fixed amount of equity.

▸ Dividends must be paid in their entirety before common shareholders may receive any dividends.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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itsbreckitsbreck
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A month ago
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