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Which of the following statement is incorrect? Most of the answers are correct. In general, firms do not want to undervalue the securities because they

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Which of the following statement is incorrect? Most of the answers are correct. In general, firms do not want to undervalue the securities because they want to raise the most money possible The positive relationship between bond price and YTM is important to bond traders because if market YTM interest rates rise bond prices also rise. O Preferred stock's future cash payments are dividend payments that are paid to preferred stockholders at regular time intervals for as long as they (or their heirs) own the stock. The P/E ratio indicates how much investors are willing to pay for each dollar of a stock's earnings

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