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Business, 16.03.2020 21:08 jaynissiagreen16

Preferred stock is a "hybrid" security. Preferreds typically pay a fixed dividend, so they are a fixed-income security like a bond. However, the directors can omit the preferred dividend without throwing the company into bankruptcy. True or false

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Preferred stock is a "hybrid" security. Preferreds typically pay a fixed dividend, so they are a fix...
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