Which of the following statements is TRUE? Some preferred stocks are cumulative with respect to dividends, meaning that if a company skips a cash dividend, it must pay it at some point in the future. The par value for preferred stock, unlike bonds, is never paid back. Preferred stock usually has a stated or par value and, like bonds, this par value is not repaid at maturity because preferred stocks do not have a maturity date. A preferred stock's cash dividend due each year is based on the stated dividend rate times the market value of the stock.

Some preferred stocks are cumulative with respect to dividends, meaning that if a company skips a cash dividend, it must pay it at some point in the future.

Explanation:

Cumulative Preference Shares are preference shares that include a provision requiring a company to pay the holders all their dividends including any dividends omitted in the past.

If they can not be paid then they are assigned the term, "dividends in arrears" and must legally be paid eventually.

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answer; ///decision making under risk;