Question: Select the pairing that is correctly matched. a.) Preferred stock: May have a claim equal to its par value in the case of company liquidation.

Select the pairing that is correctly matched. a.) Preferred stock: May have a claim equal to its par value in the case of company liquidation. b.) Preferred stock: May only be sold on the primary market. c.) Common stock: Has a right to cumulative dividends. d.) Common stock: Best understood as a form of debt

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