Question
What are the key differences in between common stock, preferred stock, and corporate bonds? ( 10*0.25 = 2.5 marks ) (Your answer should be in
- What are the key differences in between common stock, preferred stock, and corporate bonds? (10*0.25 = 2.5 marks)
(Your answer should be in the table below by putting tick on the corresponding column)
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| Corporate Bonds | Preferred Stock | Common Stock |
| Voting rights (typically) |
|
| |
| Contractual obligation |
|
|
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| Perpetual payments |
|
|
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| Accumulated dividends |
|
|
|
| Fixed payments (typically) |
|
|
|
| Payment preference |
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Financial Management Principles And Practice
Authors: Timothy Gallagher
6th Edition
1930789157, 978-1930789159
