Which of the Following Statements Is TRUE

question 2

Multiple Choice

Which of the following statements is TRUE?

• A) Preferred stock usually has a stated or par value and, like bonds, this par value is not repaid at maturity because preferred stocks do not have a maturity date.
• B) The par value for preferred stock, unlike bonds, is never paid back.
• C) A preferred stock's cash dividend due each year is based on the stated dividend rate times the market value of the stock.
• D) Some preferred stocks are cumulative in dividends, meaning that if a company skips a cash dividend, it must pay it at some point in the future.

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Definitions:

Class Throwable

The superclass of all errors and exceptions in the Java language, from which all exception classes are derived.

Superclass

The parent class from which a subclass inherits properties and methods in object-oriented programming.

Class Exception

A type in programming that is used to handle errors and other exceptional events in Java code.

NextInt

A method in Java's Scanner class that reads the next token from the input as an int.