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Consider the following reaction. C(s) + H2O(g) ⇌ CO(g) + H2(g)
At equilibrium at a certain temperature, [H2O(g) ] = 0.12 M, and [CO(g) ] = [H2(g) ] = 1.2 M. If suddenly these concentrations are increased by 0.50 M, which of the following is true?
Preferred Stock
A class of ownership in a corporation that has a higher claim on the assets and earnings than common stock, usually with fixed dividends.
Common Stock
Shares of ownership in a corporation that entitle holders to vote at shareholder meetings and receive dividends.
Convertible Preferred Stock
A type of preferred stock that holders can convert into a specified number of common shares, usually at any time after a predetermined date.
Preferred Stock Conversion
The process by which holders of preferred shares can convert their stocks into a predetermined number of common shares, often under specific conditions.
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