Discuss two reasons why preference shares would be viewed as less risky than ordinary shares to investors.
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Q80: The P/E ratio is the market price
Q81: Typical preference shares are valued as a
Q82: A decrease in the [blank] will increase
Q83: In the event of bankruptcy, preferred shareholders
Q84: From the issuing firm's point of view,
Q86: In order to determine the value of
Q87: Profitable companies often prefer to issue debt
Q88: The cumulative dividend feature is necessary to
Q89: Expected cash flow for a preference shares
Q90: Which of the following formulas is appropriate
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