Preferred stock has characteristics of debt since it provides a ...

[yoooooman]

Preferred stock has characteristics of debt since it provides a fixed periodic cash payment.
 
  Indicate whether the statement is true or false

Question 2

A firm is evaluating an investment proposal which has an initial investment of 5,000 and cash flows presently valued at 4,000. The net present value of the investment is ________.
 
  A) -1,000
  B) 9,000
  C) 4,000
  D) -4,000

[cadimas]

Answer to Question 1

TRUE

Answer to Question 2

A

[yoooooman]

Thanks for the timely response, appreciate it

[rachel]

Excellent