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15 January, 13:07

What type of stock receives an equal part of the profits on each share to be distributed after all other obligations of the company haver been satisfied?

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  1. 15 January, 16:56
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    This is known as "common Stock"; these are shares which entitle the holder to receive dividends which vary in value and could even be overlooked; they depend upon the fortunes of the company which holds the stock. Theses stocks receive and equal part of the profit on each share.
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