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Why have black churches played a stronger role in the secular lives of their congregations than white churches?
Cumulative Preferred Stock
A type of preferred stock that accumulates unpaid dividends, which must be paid out before any dividends can be distributed to common stockholders.
Common Stock
A type of equity security that represents ownership in a corporation, giving holders voting rights and a share in the company's profits through dividends.
Dividend
A share of a company's profits distributed to its shareholders, usually paid in cash or additional stocks.
Convertible Preferred Stock
A type of preferred stock that holders can convert into a specified number of shares of common stock.
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