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What are the two types of Preferred Stock? What type is most common?
Cumulative:
Dividends in arrears must be paid before dividends may be paid on CS (most common)
Noncumulative:
Undeclared dividends from current and prior years do not have to be paid in future years
Dividends in arrears must be paid before dividends may be paid on CS (most common)
Noncumulative:
Undeclared dividends from current and prior years do not have to be paid in future years
Karteninfo:
Autor: savhighsmith
Oberthema: Accounting
Thema: General
Schule / Uni: UGA
Ort: Athens
Veröffentlicht: 01.05.2010