Owners of preferred stock have a greater voting right

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Which of the following statements is correct?

a. Owners of preferred stock have a greater voting right than common shareholders

b. From an individual investor's perspective, preferred stock is safer than bonds.

c. Companies are more likely to issue preferred stock if they have a high tax bracket since preferred stock dividends are tax deductible

d. if a preferred issue is cumulative this means that any unpaid dividends are held in arrears

Reference no: EM13885186

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