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Firms may prefer to issue cumulative preferred stock rather than debt for which reason? O Corporate investors can receive a tax break on dividends but
Firms may prefer to issue cumulative preferred stock rather than debt for which reason? O Corporate investors can receive a tax break on dividends but not on interest O Dividend payments are tax deductible, interest on debt is not O Preferred stock has no voting rights but debt does. O Preferred dividends provide a tax shield but debt does not. If there is no current taxable income, preferred stock dvidends are outomatically voided. O Type here to search Et e00 @j
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