The cumulative feature of preferred stock: a) requires missed dividends to be carried over to the next
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Question:
The “cumulative” feature of preferred stock:
a) requires missed dividends to be carried over to the next period.
b) has cumulative voting rights.
c) has a claim to dividends after common stock.
d) may be exchanged for common stock.
e) may be redeemed for cash at the option of the stockholder.
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