Which statement is correct about common stocks and preferred stocks? Common stock is an equity and preferred stock is a liability. Preferred stockholders have the right to vote on all company issues. A fixed amount of dividend interest is paid to common stockholders periodically. Common stockholders are before preferred stockholders to claim the residual value of the firm in liquidation. Common stocks and preferred stocks are essentially the same. Common stockholders have the right to purchase newly issued stocks before preferred stockholders. Question 9 ( 3 points) A company issued a dividend of $1.00(D0) this year, which is expected to grow at 15% per year for the next 2 years and 5% per year thereafter. The required rate of return is 15% per year. Use the two-growth dividend discount model to complete the following table. 1. 2 2. 15 D3 = 3. 5 4. 1.15 g2 = 5. 1.33 6. 1.38 g1= 7. 12.45 8. 1.00 rs= 9. 2.45 N= 10. 15.37 11. 20 D2 = 12. 2.44