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Which of the following is true regarding a firms

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2.Which of the following istrueregarding a firm's securities?A.Common dividends are paid before preferreddividends.B.Preferred stockholders have votingrights.C.Preferred dividends are usuallycumulative.D.Preferred dividends are contractualobligations.E.Common dividends usually can be paid if preferred dividends havebeen skipped.Preferred dividends must be paid first and any skipped preferred dividends mustbe paid before common dividends may be paid.
3.Which of the following orders instructs the broker to sell at or below a specifiedprice?

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