• which best describes the difference between preferred and common stocks?

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  • Preferred stocks are a type of stock that provides a fixed dividend payment to its investors and also takes priority over common stock in the event of a company's liquidation. Common stocks allow investors to own a piece of a company and provide them with voting rights at shareholders’ meetings, but there is no guarantee of dividends or priority in the case of a liquidation.

    • Answered:

      Jaelynn Garner

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