Question: Preferred stock differs from common stock in that O preferred stock pays tax-free dividends. O preferred stock has no preemptive rights or residual clalms O

Preferred stock differs from common stock in that O preferred stock pays tax-free dividends. O preferred stock has no preemptive rights or residual clalms O preferred stockholders are paid dividends before common stockholders. O preferred stock has more voting power and, as such, greater control over the management of the company

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