Question: Preferred stock dividends: Select one: a. can be deferred indefinitely. b. have priority over debt interest payments but not common stock dividends. c. become a

Preferred stock dividends:

Select one:

a. can be deferred indefinitely.

b. have priority over debt interest payments but not common stock dividends.

c. become a debt of the firm if unpaid.

d. are only paid if common stock dividends are also paid.

e. are a tax-deductible business expense.

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