Dividends on preferred shares are discretionary. Preferred shares can be retracted at the option of the investor.
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Dividends on preferred shares are discretionary. Preferred shares can be retracted at the option of the investor. A & B. Most preferred shares are callable by the issuer.
What way do preferred shares provide issuers with greater financing flexibility than fixed income?
Related Book For
A Survey of Mathematics with Applications
ISBN: 978-0134112107
10th edition
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
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