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The income received by the holder of a preferred stock is similar to the income

ID: 2748620 • Letter: T

Question

The income received by the holder of a preferred stock is similar to the income received form which other financial asset in terms of It being a constant amount each year Common stocks Bonds Both a and b None of the above Common stock Involves_the corporation. Ownership In Personally managing Being a creditor of The maturity of allows a designated party the temporary power of attorney to vote for the signee at the corporation's annual meeting. Majority voting A proxy Absentee voting Protective provisions Common Stock dividends must be _____issued. Approved by common shareholders Registered with the SEC Approved by preferred stockholders Declared by the firm's board of directors

Explanation / Answer

46) The income received by the holder of a preferred stock is similar to the income received from BONDS (b) in terms of it being a constant amount each year.

47) Common stock involves OWNERSHIP IN (a) the corporation.

48) A PROXY (a) allos a designated party the temporary power of attorney to vote for the signee at the corporation's annual meeting.

49) Common stock dividends must be DECLARED BY THE FIRM'S BOARD OF DIRECTORS(d).