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thank you Question 43 (1 point) The price of preferred stock generally reacts strongly to a change in required rate of return because: preferred stock
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Question 43 (1 point) The price of preferred stock generally reacts strongly to a change in required rate of return because: preferred stock dividends have to be paid after common stock dividends. preferred stock dividends pass tax free between corporations. preferred stock has no maturity date i.e. it is a perpetuity preferred stock may be non-cumulativeStep by Step Solution
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