The Name Preferred Stock Is in Reference to the Fact

question 67

Multiple Choice

The name preferred stock is in reference to the fact that:

• A)it is a type of corporate debt.
• B)it is treated like debt for tax purposes.
• C)preferred dividends must be paid in full before any additional interest may be paid.
• D)preferred dividends must be paid in full before any common stock dividends can be paid.
• E)fixed income traders prefer it to bonds.

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Definitions:

Pineal Body

Also known as the pineal gland, this small endocrine gland in the vertebrate brain secretes melatonin, regulated by light exposure.

Biological Rhythms

Internal cycles of biological activity within organisms, such as circadian rhythms, which influence sleep, feeding, and other physiological processes.

Genus

Genus is a rank in the biological classification system (taxonomy) that groups together species sharing common characteristics, sitting above species and below family.

Phylum

A hierarchical level in the classification of organisms, grouping together classes of species that have a common plan of structure or organization.