The Maturity of an Issue of Preferred Stock Is

question 25

Multiple Choice

The maturity of an issue of preferred stock is:

• A)the same as the longest maturity bond issued by the firm.
• B)variable between 15 and 30 years.
• C)indefinite,just as the maturity of common shares.
• D)renewable every five years.

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Active Voice

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Sexist Language

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