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Which of the following statements concerning preferred stock is correct? A. Preferred stock generally is more costly to the firm than common stock. B. Preferred
Which of the following statements concerning preferred stock is correct? A. Preferred stock generally is more costly to the firm than common stock. B. Preferred stock is a riskier form of capital to the firm than bonds. C. Most issues of preferred stock have a cumulative feature. D. Preferred dividend payments are tax-deductible
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