Question: A current dividend preference requires that Blank _ _ _ _ _ _ . Multiple choice question. preferred dividends must be paid before any dividends

A current dividend preference requires that Blank______.
Multiple choice question.
preferred dividends must be paid before any dividends are paid to common stockholders
the preferred stockholders who have held the shares longest must be paid before those who more recently acquired preferred stock
preferred dividends be paid before paying any interest to creditors

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