Explain stock to dana and how it differs from common stock

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Reference no: EM133296315

Question 1:- The right of shareholders to dividends means that the corporation must pay dividends if it can afford them.

Question 2:- Dana buys preferred stock that includes rights to annual cumulative dividends and a liquidation preference over common stock. It does not come with voting rights.

Explain her stock to Dana and how it differs from common stock.

Reference no: EM133296315

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