Which statement is NOT correct? ___________
A. preferred stock is influence by inflation.
B. the size of issuing preferred stock is similar to that of bond issuing.
C. preferred stock is riskier than bonds.
D. The lower the earnings per preferred share, the less safe should be the dividend payment.
查看答案
Preferred stock dividends are paid after interest but before dividends to common stock. ()
Arrearage means that a cumulative preferred stock's dividend is not being paid. ()
Preferred stock dividends are not a legal obligation of the firm. ()
Preferred stock dividends are usually fixed. ()