In Terms of Risk,preferred Stock Is Safer Than Common Stock

question 62

True/False

In terms of risk,preferred stock is safer than common stock because it has a prior claim on assets and income.

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Definitions:

Troposphere

The lowest layer of Earth's atmosphere, where weather occurs and where most atmospheric water vapor exists.

Greenhouse Gases

Gases in Earth's atmosphere, such as carbon dioxide and methane, that trap heat, leading to a warming effect known as the greenhouse effect.

Fossil Fuels

Natural fuels such as coal, oil, and natural gas, formed from the decomposed remains of plants and animals over millions of years.

CFCs

Chlorofluorocarbons, chemical compounds once commonly used in refrigerants and aerosol sprays that contribute to ozone layer depletion.