From a Cost Perspective, Preferred Stock Is a Less Desirable

question 60

True/False

From a cost perspective, preferred stock is a less desirable source of capital for a firm than bonds.

---

Definitions:

Agreeableness

A personality trait characterized by compassion, cooperativeness, and a desire to maintain positive social relationships.

Personality Structure

The organized pattern of behaviors and attitudes that makes a person distinctive, including traits, values, and self-concept.

Major Factors

The primary elements or components that significantly influence or determine the outcome of a certain process or situation.

Short-Term Orientation

A focus on immediate or near-future outcomes and gratifications, often at the expense of long-term goals.