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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

  1. Opportunity cost

  2. Flotation cost

  3. Legal cost

  4. Marginal cost

  5. None of the above

  6. Question 2

  7. Is preferred stock more or less risky to investors than debt? And why?

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