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31
Why issue Preferred Stock?
-to raise capital without sacrificing control
-to boost the return earned by common stockholders through financial leverage
-appeals to investors who don't want a lot of risk
-to boost the return earned by common stockholders through financial leverage
-appeals to investors who don't want a lot of risk
Flashcard info:
Author: savhighsmith
Main topic: Accounting
Topic: General
School / Univ.: UGA
City: Athens
Published: 01.05.2010