Question: QUESTION 2 Preferred stock: I. generally has a fixed dividend. II. generally has a dividend that increases annually. III. receives preference in bankruptcy over bonds.

 QUESTION 2 Preferred stock: I. generally has a fixed dividend. II.

QUESTION 2 Preferred stock: I. generally has a fixed dividend. II. generally has a dividend that increases annually. III. receives preference in bankruptcy over bonds. IV. receives preference in bankruptcy over common stock. O I only I and III only I and IV only II and III only O II and IV only w

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