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7. What kind of cost is included in the preferred stock? 2.5 points Opportunity cost Flotation cost Legal cost Marginal cost None of the above

7. What kind of cost is included in the preferred stock? 2.5 points

Opportunity cost
Flotation cost
Legal cost
Marginal cost
None of the above
Question 2
Is preferred stock more or less risky to investors than debt? And why?

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