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In the Event of a Corporate Liquidation,preferred Stockholders ________

Question 185

Multiple Choice

In the event of a corporate liquidation,preferred stockholders ________.


A) are guaranteed to receive a full refund of the stock purchase price
B) have first claim on remaining corporate assets after debts are paid
C) are guaranteed to receive the par value of the preferred stock
D) may retain their proportionate share of voting rights

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