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The textbook labels preferred stock as hybrid equity financing. Identify and explain the features of preferred stock that give it the designation of hybrid equity

The textbook labels preferred stock as "hybrid equity financing." Identify and explain the features of preferred stock that give it the designation of "hybrid equity financing."

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Fundamentals Of Financial Management

Authors: Richard Bulliet, Eugene F Brigham, Brigham/ Houston

11th Edition

1111795207, 9781111795207

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