Adrianna decided to purchase preferred shares because
A) common shareholders get paid first at a lower rate of return and preferred shareholders get paid next at a much higher rate of return.
B) it has some of the features of corporate bonds and some features of common stock.
C) preferred shares allow shareholders to choose whether they wish to receive cash dividends or more shares.
D) preferred shares mature very quickly.
E) she likes the variable interest rate paid by preferred shares.
Correct Answer:
Verified
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