Voting of the common stockholder is not required for which of the following
Which of the following is not true regarding common stock? A) dividend payments, like interest payments, are fixed. B) common stockholders are owners of the firm, whereas bondholders are creditors C) Common stock, unlike bond principal, does not mature. D) Dividends, unlike interest payments, are not tax deductible. Preferred stockholders have a priority claim on assets of the company in the event of failure over common stockholders. Dividends on preferred and on common stock are normally paid quarterly. Preferred shareholders normally do not have voting rights and the level of debt is not correlated to the amount of preferred stock issued by the corporation.