Author Question: The cost of preferred stock is typically higher than the cost of long-term debt (bonds) because the ... (Read 134 times)

mynx · **on:** Jul 11, 2018

The cost of preferred stock is typically higher than the cost of long-term debt (bonds) because the cost of long-term debt (interest) is tax deductible.

Indicate whether the statement is true or false

Question 2

The three major cash flow components include the initial investment, nonoperating cash flows, and terminal cash flow.

Indicate whether the statement is true or false