Question: In its December 3 1 , 2 0 2 2 balance sheet, Bank of America listed $ 2 8 . 4 billion in preferred stock
In its December balance sheet, Bank of America listed $ billion in preferred stock and $ billion in common stock. Which of the basic stockholder rights do preferred stockholders normally give up
The right to receive dividends when they are declared
The right to excess assets after creditor claims are satisfied
The right to vote for members of the board of directors
Limited liability when corporate liabilities exceed corporate assets
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