Question 10 (1 point) What is an advantage of preferred dividends over common dividends? a) Common dividends may not be paid for 3 years after the issue of the preferred shares. b) Common dividends are paid ahead of preferred purchase funds. c) Preferred dividends must be paid in full before any common dividends can be paid. d) Common dividends may only be paid if approved by the preferred share trustees. Previous Page Next Page Page 9 of 19