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mikez
Jun 10, 2008, 08:11 PM
If you own 1000 preferred shares what percentage of the company do you own?

Answer: Zero but why?
morgaine300
Jun 10, 2008, 10:43 PM
Since preferred stock is still stock, and since stock is ownership, I have to assume either the answer is wrong, or it's a trick question. I don't get it.