(Q. 24 IN B) WHICH OF THE FOLLOWING IS CORRECT ABOUT COMMON STOCKS

Question

28. (Q. 24 in B) Which of the following is correct about common stocks? A) Common equity is like debt in that it promises a series of fixed payments to investors. B) Unlike bond coupon, the common stock’s dividend is paid at the discretion of the board. C) For most companies, common stock is much less important than preferred stock in the firm’s capital structure. D) Common shareholders can force the company to buy back their shares at a specified date.

Answer

28. (Q. 24 in B) Which of the following is correct about common stocks? A) Common equity is like debt in that it promises a series of fixed payments to investors. B) Unlike bond coupon, the common stock’s dividend is paid at the discretion of the board. C) For most companies, common stock is much less important than preferred stock in the firm’s capital structure. D) Common shareholders can force the company to buy back their shares at a specified date.

(Q. 24 IN B) WHICH OF THE FOLLOWING IS CORRECT ABOUT COMMON STOCKS

Bạn đang xem 28. - EXAM SOLUTION FUNDAMENTALS OF CORPORATE FINANCE, 4TH EDITION BREALEY