Maturity, diyidends, asset price Question 22 2 pts The primary advantage of using a protective put strategy as opposed to a broker order for a stop-loss sale is that the options approach: Will probably have a maturity exactly matching your desired investment horizon. Has less up-front cost. Maintains the opportunity for upside profit potential Provides a guaranteed floor value for the stock investment Is riskier, and hence will better match the volatility of the underlying stock. Question 23 2 pts The choice by corporate issuers to offer subordinated debt is primarly driven by considerations restrictive covenant absolute priority rule capital gains tax sinking fund enhanced liquidity Cuation