Question: 1 1 Match each description 1 through 4 with the characteristic of preferred stock that it best describes. Character 20 points Skipped Description 1 Receives

1 1 Match each description 1 through 4 with the characteristic of preferred stock that it best describes. Character 20 points Skipped Description 1 Receives current and all past dividends before common stockholders receive any dividends. 2 Receives dividends exceeding the stated rate under certain conditions 3. Not entitled to receive dividends in excess of the stated rate. 4 Loses any dividends that are not declared in the current year eBook References

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