Identify whether the key characteristic describes common stock (CS) or preferred stock (PS).

1. Source of financing which places minimum constraints on the firm ________

2. Used by young firms receiving investment funds from venture capital firms ________

3. Potential dilution of earnings and voting power ________

4. Fixed financial obligation ________

5. Increases the firm's borrowing power ________

6. May have cumulative and participating features ________

7. May be convertible into another type of security ________

8. Last to receive earnings or distribution of assets in the event of bankruptcy ________

9. Frequently includes a call feature