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Write the word or phrase that best completes each statement or answers the question.
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Cumulative Preferred Stock
Cumulative preferred stock is a type of preferred share that accrues dividends in case they are not paid out in the year they are due, ensuring dividends are paid out before any are distributed to common shares.
Marginal Income Tax Rate
The proportion of tax levied on your earnings for every tax bracket you fall into.
Retained Earnings
Profits that a company has earned to date, less any dividends or other distributions paid to shareholders.
Risk-Free Rate
The theoretical rate of return on an investment with zero risk, representing the interest an investor would expect from a completely safe investment.
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