A Security That Receives Dividend Payments Prior to Common Shares

question 82

Multiple Choice

A security that receives dividend payments prior to common shares, but it is subordinate to bonds is called a _________ stock.

• A) common
• B) bond
• C) preferred
• D) convertible
• E) senior

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Definitions:

Group Spirit

The sense of solidarity, enthusiasm, and loyalty shared by members within a group, team, or community.

Deliberate

To think about or discuss something very carefully in order to make a decision.

Controlled Mind

The state of consciously regulating thoughts, emotions, and actions through mental processes and self-discipline.

Automatic Mind

Refers to the unconscious processing in the brain that guides most of our behaviors and decisions without deliberate thought.