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  3. 8. which of the following statements is true? a. p

8. Which of the following statements is true? a. Preferred stock has a stated maturity...

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8. Which of the following statements is true? a. Preferred stock has a stated maturity date. b. The company repays the par value for preferred stock at maturity, like bonds. c. A company bases a preferred stock's cash dividend due each year on the stated dividend rate times the stock's market value. d. Some preferred stocks are cumulative in dividends, meaning that if a company skips a cash dividend, it must pay it at some point in the future

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