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Preferred Stock | Definition, Characteristics, Types, Pros and Cons

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Preferred Stock | Definition, Characteristics, Types, Pros and Cons

There are two types of stocks: common and preferred stock. Despite its name, preferred stock isn’t intrinsically superior to common stock. Unlike common stock, preferred stock doesn’t come with the right to vote and has less potential to appreciate in price than common stock. However, preferred stock comes with the right to receive ...

619 viewsJul 29, 2020

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