Money market preferred stock offers competitive rates of return similar to traditional money-market instruments but:
A) forfeits the tax benefits normally provided to corporate shareholders.
B) still provides the corporate investor with the tax exclusion on dividend income.
C) has a fixed rate of dividend income.
D) is only an overnight investment.
E) has highly volatile stock prices due to the fixed coupon.
B) still provides the corporate investor with the tax exclusion on dividend income.
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