Answer the following statements true (T) or false (F)
1. Preferred stock is considered a voting "class" of stock.
2. The only way that a stockholder can help manage a corporation is through their right to vote.
3. If a stock has a stated value of $1, this means that the stock sells for $1 per share.
4. Many companies raise capital by issuing stock directly to stockholders or by using an underwriter.
5. The issue price of the stock usually is equal to the par value of the stock.
1. FALSE
2. TRUE
3. FALSE
4. TRUE
5. FALSE
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