Why is preferred stock preferred?

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Why is preferred stock "preferred"?

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Fundamentals of Investments Valuation and Management

ISBN: 978-0077283292

5th edition

Authors: Bradford D. Jordan, Thomas W. Miller

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Question Posted: Sep 19, 2012 04:31 AM

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Why is preferred stock preferred?

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Preferred stockholders have a dividend preference and a liquidation pre...View the full answer

Fundamentals of Investments Valuation and Management

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