All of the following are characteristics of common stock, Ask an Expert

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All of the following are characteristics of common stock except the:

a) ability to vote for corporate directors.

b) ability to vote on key issues such as a merger.

c) priority over other equity in a bankruptcy proceeding.

d )right to share proportionally in dividends paid to common shareholders.

e) right to share proportionally in any residual value in a bankruptcy proceeding.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91381567

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