Why would a company choose to issue floating-rate as opposed to fixed-rate preferred stock?

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Fundamentals of Financial Management

ISBN: 978-0324597707

12th edition

Authors: Eugene F. Brigham, Joel F. Houston

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Question Posted: Feb 25, 2016 06:46 AM

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Why would a company choose to issue floating-rate as opposed to fixed-rate preferred stock?

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Floatingrate preferred stock because of the floating rate of ...View the full answer

Fundamentals of Financial Management

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