Question: Question 1 9 5 pts Which statement is true? Preferred dividends provide tax - free income to individual investors. Preferred sharehoiders prefer noncumutative ividends over

Question 19
5 pts
Which statement is true?
Preferred dividends provide tax-free income to individual investors.
Preferred sharehoiders prefer noncumutative ividends over cumutatle dividends.
Common shareholders elect the corporate directors while the prefered shareholders vote on mergers and acquisitions.
From a legal perspective, preferred stock is a form of corporate equity.
Att classer of stock must haverequat votila refits per stare.
Question 1 9 5 pts Which statement is true?

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