Statements concerning preferred stock is most correct

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Which of the following statements concerning preferred stock is most correct?

A. preferred stock is clued the same as zero coupon bonds because the cash flow patterns are similar

B. preferred stock dividends are typically the same each year, allowing a preferred stock to be valued as perpetuity

C. preferred stock are calculated as a percentage of common stock dividends, although the preferred stock dividends must be paid first.

Reference no: EM13763876

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