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GoodMad_ GoodMad_
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7 years ago
Preferred stock is called a hybrid security because
A) it is most frequently issued by hybrid seed-producing companies.
B) it has the same features as common stock but offers a greater dividend.
C) it has the same features as bonds but offers a share in the issuer's earnings.
D) it has characteristics of both common stock and bonds.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
Author:
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bzapianbzapian
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GoodMad_ Author
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#2
7 years ago
Another one bites the dust, as in, it's right Smiling Face with Open Mouth
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