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stranahan stranahan
wrote...
Posts: 3324
7 years ago
The term "preferred" comes from the fact that preferred shareholders receive, on average, a higher rate of return than common shareholders even though they have less risk.
A) True
B) False
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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Answer verified by a subject expert
waspchichesterwaspchichester
wrote...
Posts: 253
7 years ago
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stranahan Author
wrote...
7 years ago
Thank you for  the help. I had a few questions on a few of them and this really confirmed my answers.
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