Question: Preferred stock with cumulative fixed dividends Question 1 5 options: are required to pay dividends each quarter. must pay the missed dividend before common shareholders
Preferred stock with cumulative fixed dividends
Question options:
are required to pay dividends each quarter.
must pay the missed dividend before common shareholders can receive dividends.
are taxed on the accumulated dividends.
are considered to be bankrupted if one year of dividends is missed.
all of the above are true
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