Question
preferred stock is a significant component of the capital structure and if managers primary concem is the firm's default risk, preferred stock would be treated
"preferred stock is a significant component of the capital structure and if managers primary concem is the firm's default risk, preferred stock would be treated as part of the debt to determine the firm's optimal debt ratio" True or false?
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Focus On Personal Finance
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
5th Edition
0077861744, 978-0077861742
