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Canadian banks are frequent issuers of preferred stocks mainly because: Multiple Choice preferred shares cost much less to issue by financial institutions. perpetual preferred shares

Canadian banks are frequent issuers of preferred stocks mainly because:

Multiple Choice

preferred shares cost much less to issue by financial institutions.

perpetual preferred shares are counted as part of the capital in tests of the bank's capital adequacy.

preferred shares offer perpetual financing to the banks.

they are severely short of capital.

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