24) Other things held equal, a bond with a call provision is worth more to investors than a bond without a call provision.

Select one:

True

False

25) Preferred stock generally has a higher required return than common stock because common shareholders get to vote and have preemptive rights not available to preferred shareholders.

Select one:

True

False

26) The most relevant form of growth for valuing a firm's common stock is internal growth.

Select one:

True

False

27) There are no cash flow effects for the issuer of a zero coupon bond except for the initial cash inflow when the bonds are issued and the cash payment when the bonds mature.

Select one:

True

False

28) Preferred stock is referred to as a hybrid security because it has many characteristics of both common stock and bonds.

Select one:

True

False