FIN 540

FIN 540 WEEK 3 1. Which of the following statements is most CORRECT? a. By law in most states all preferred stock must be cumulative meaning that the compounded total of all unpaid preferred dividends must be paid before any dividends can be paid on the firm's common stock. b. From the issuer's point of view, preferred stock is less risky than bonds. c. Whereas common stock has an indefinite life, preferred stocks always have a specific mat

10 Other / Other Other / FIN 540 21 Nov 2015