Question: 2 p Question 38 Which is/are true about the dividends of preferred shares? 1. Dividends must be paid to preferred stockholders before they can be

2 p Question 38 Which is/are true about the dividends of preferred shares? 1. Dividends must be paid to preferred stockholders before they can be paid to common stockholders. II. Preferred stock dividends typically increase over time as the issuer's net incom increases. Oll only O BOTH I and 11 NONE of the choices I only

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