Describe characteristics of preferred and common stock

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Reference no: EM13747293

(Learning Objective 1: Describe characteristics of preferred and common stock) Answer the following questions about the characteristics of a corporation’s stock:

1. Who are the real owners of a corporation?

2. What privileges do preferred stockholders have over common stockholders?

3. Which class of stockholders reaps greater benefits from a highly profitable corporation? Explain.

Reference no: EM13747293

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