Answered: Why do firms have different classes of…

Why do firms have different classes of stock? Multiple choice question. To increase the cost of capital To maintain control of the firm To improve operational efficiency Due to legal requirements

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter2: The Domestic And International Financial Marketplace

Section: Chapter Questions

Problem 8QTD

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Question

Why do firms have different classes of stock?

Multiple choice question.

To increase the cost of capital

To maintain control of the firm

To improve operational efficiency

Due to legal requirements

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