What is an advantage to being a "preferred" stock holder?
A) Preferred stock holders always get to vote for the board of directors of the company.
B) Preferred stock holders receive a better coupon interest rate.
C) Preferred stock holders receive dividend payouts before common stock holders do.
D) Preferred stock holders never pay commissions on their stock trades.
E) There are no advantages to being a preferred stock holder.
Answer: C
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