Which statement is true?  Group of answer choices

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter15: Distributions To Shareholders: Dividends And Repurchases
Section: Chapter Questions
Problem 5Q: Indicate whether the following statements are true or false. If the statement is false, explain why....
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8.

Which statement is true? 

Group of answer choices 

a. Preferred stock is similar to corporate bonds because the corporation usually pays the holders of the securities a fixed amount. 

b. Preferred stockholders have priority over bondholders when it comes to the payment of 

c. Preferred stock is similar to corporate bonds because dividends on preferred stock, like interest on bonds, are a tax-deductible expense to the corporation. 

d. Preferred stockholders are considered to be the true owners of corporations. 

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