Question: Pick the statement which is TRUE about Preferred Stock A. In the event of bankruptcy, preferred stockholders are paid before debt and common stock, because

Pick the statement which is TRUE about Preferred Stock

A. In the event of bankruptcy, preferred stockholders are paid before debt and common stock, because of their preferred nature.

B. Preferred stock is a hybrid, or a cross between stock and debt

C. Preferred stockholders have dividends which grow in the same rate as that of common stockholders

D. Preferred stockholders, being stock holders or shareholders, are owners of the company and have voting rights

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