Why do some people view preferred stock as a special type of a bond rather than a

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Why do some people view preferred stock as a special type of a bond rather than a stock?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Jun 08, 2012 01:35 AM

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Why do some people view preferred stock as a special type of a bond rather than a

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Just like debt preferred stock is often callable and may be convertible in...View the full answer

Fundamentals of corporate finance

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