_____ 2. It is a type of stock for which stockholders get first choice in distributed profits.
A. common stock B. stock market C. face value stock D. preferred stock
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_____ 2. It is a type of stock for which stockholders get first choice in distributed profits.
A. common stock B. stock market C. face value stock D. preferred stock
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Answer:
A.
Explanation:
What Is a Preferred Stock?
The term "stock" refers to ownership or equity in a firm. There are two types of equity—common stock and preferred stock. Preferred stockholders have a higher claim to dividends or asset distribution than common stockholders.1 The details of each preferred stock depend on the issue.
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—miya