What is a dual-class firm? Why do firms typically issue dual classes of common stock?

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Financial Markets and Institutions

ISBN: 978-0077861667

6th edition

Authors: Anthony Saunders, Marcia Cornett

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Question Posted: Jan 27, 2015 08:36 AM

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What is a dual-class firm? Why do firms typically issue dual classes of common stock?

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Dualclass firms are corporations in which two classes of common stock are outstanding with different...View the full answer

Financial Markets and Institutions

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