What is an advantage of floating-rate preferred stock for the risk-averse investor? What is an advantage for

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What is an advantage of floating-rate preferred stock for the risk-averse investor?
What is an advantage for the issuing corporation?

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Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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Question Posted: Sep 15, 2018 11:04 AM

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What is an advantage of floating-rate preferred stock for the risk-averse investor? What is an advantage for

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There is less price volatility than wi...View the full answer

Foundations of Financial Management

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