The stock repurchase can be viewed as a cash dividend

The CEO of a major corporation experiences emotional problems and makes an appointment to see a psychiatrist. Which of the following has the LEAST legitimate right to be informed about the situation?

A) the stockholders B) the media C) the CEO's colleagues D) the employees of the CEO's company

Which of the following is true about Preferred Stock?

A) Preferred shareholders always have voting rights. B) If at a time a dividend is due on preferred stock, if the company does not have the funds to pay the dividend, the right of the preferred shareholders to collect that dividend lapses. C) Preferred dividends are not tax deductible to the corporation. D) Like bonds, preferred stock always has a maturity date at which time the issue price must be repaid to shareholders.