To select: The correct option for a firm’s preferred stock which are often sells at yields below its bond. Introduction : The preferred stock is defined as the stock in which the holder of the stock has the fixed dividend and the payment of this stock has the higher priority in comparison of the ordinary share dividends.

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To select: The correct option for a firm’s preferred stock which are often sells at yields below its bond.

Introduction : The preferred stock is defined as the stock in which the holder of the stock has the fixed dividend and the payment of this stock has the higher priority in comparison of the ordinary share dividends.

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