Business, 18.01.2020 01:31 bluevunny

Which statements are true about preferred stock?

i when interest rates rise, preferred stock prices rise
ii when interest rates rise, preferred stock prices fall
iii when interest rates fall, preferred stock prices fall
iv when interest rates fall, preferred stock prices rise

a. i and ii
b. i and iii
c. ii and iii
d. ii and iv

Answers: 3

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Which statements are true about preferred stock?

i when interest rates rise, preferred...

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