college Finance Jun. 19, 2023 - Jul. 7, 2023 We want your input! Click here to submit your course evaluation. What is an advantage to a business when financing through an issue of preferred shares rather than bonds? Select one: A company is legally obligated to pay interest to its bondholders. Dividends to preferred shareholders can be deferred indefinitely O Preferred shares trade on stock exchanges as well as OTC (over the counter) making preferred share issues always easier to place Preferred shareholders can demand a lower rate of return than bondholders Dividends paid to preferred shareholders demand a lower value of assets to be pledged against the capital they provide to the business than bondholders do Next page Q Search Of Nadw IM