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30
What is Preferred Stock?
typically have priority over common shares in:
-dividends distribution
-distribution of assets in case of liquidation
However,
-usually has a fixed return
-has no voting rights
-dividends distribution
-distribution of assets in case of liquidation
However,
-usually has a fixed return
-has no voting rights
Flashcard info:
Author: savhighsmith
Main topic: Accounting
Topic: General
School / Univ.: UGA
City: Athens
Published: 01.05.2010