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Business, 19.04.2021 15:20 blakestuhan

Common stockholders have the legal right to be paid dividends, common stockholders have the legal right to have their stock repurchased after holding it for 10 years, right to vote for board of directors, legally inferior to all other liabilities, Dividends are deductible for income tax purposes after 5 years; stock certificates are engraved like bond certificates, but stock certificates are usually multi-colored. Preferred Stock" is sometimes referred to as a "hybrid" security; what does this mean? Required:
How is "Preferred Stock" different from "Common Stock"?

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