Preferred Stock Generally Pays

question 22

Multiple Choice

Preferred stock generally pays

• A)a variable dividend
• B)a fixed dividend
• C)a stock dividend
• D)no dividend

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Definitions:

Federal Law

The body of law created by the federal government of a country, applicable nationwide.

Vacation

A vacation is a period of time spent away from home or business in travel or recreation.

Family and Medical Leave Act

U.S. federal law that provides certain employees with up to 12 weeks of unpaid, job-protected leave per year for qualified medical and family reasons.

Eligible Employee

A worker who meets certain criteria to qualify for benefits or rights under employment laws or company policies.