Question 24 2 pts Generally, which is not an element of a share of Preferred Stock? a. Preferred Stock is perpetual O b. Preferred Stock pays a fixed dividend O c. The holder of the Preferred Stock has voting rights O d. The holder of the Preferred Stock is entitled to a distribution from liquidation ahead of Common Stock holders O e. All of the above are elements of Preferred Stock Question 25 2 pts Which of the following represents the hierarchy of liquidation, in order of first to last? 23. Which of the following represents the hierarchy of liquidation, in order of first to last? O b. Preferred Stock, Debt, Common Stock O c. Common Stock, Preferred Stock, Debt O d. Common Stock, Debt, Preferred Stock O e. Debt, Preferred Stock, Common Stock