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papahomer papahomer
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6 years ago
From the issuing firm's point of view, one advantage of preferred stock over bonds is
A) preferred dividends are a deductible expense for tax purposes.
B) preferred voting privileges concentrate power in the hands of managers and major shareholders.
C) a dividend payment can be skipped without triggering bankruptcy.
D) all of the above
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
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vanrheevanrhee
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6 years ago
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