Which One of the Following Statements About Common Stock Is

question 80

Multiple Choice

Which one of the following statements about common stock is correct?

• A) Each share of stock has a specified maturity date.
• B) Common stock gives stockholders first title to a share of the company's earnings, prior to other corporate obligations.
• C) Common stock typically provides higher levels of current income than do similar grade corporate bonds.
• D) Each share of common stock of a given class entitles the holder to an equal ownership position and an equal vote in the corporation.

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