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If preferred stock is a significant component of the capital structure and if managers primary concern is the firms default risk, preferred stock would be
If preferred stock is a significant component of the capital structure and if managers primary concern is the firms default risk, preferred stock would be treated as party of the debt to determine the firms optimal debt ratio. True or False?
If preferred stock is a significant component of the capital structure and if managers primary concern is the firms default risk, preferred stock would be treated as party of the debt to determine the firms optimal debt ratio. True or False?
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