Question: Which statement is true? Multiple Choice From a legal perspective, preferred stock is a form of corporate equity. Preferred dividends provide tax - free income

Which statement is true?
Multiple Choice
From a legal perspective, preferred stock is a form of corporate equity.
Preferred dividends provide tax-free income to individual investors.
All classes of stock must have equal voting rights per share.
Common shareholders elect the corporate directors while the preferred shareholders vote on mergers and acquisitions.
Which statement is true? Multiple Choice From a

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