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Explain the given statement as per given requirement

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Question: Explain the following statement: "Preferred stock is a hybrid security."Is the equation used to value preferred stock more like the one used to eval-uate a bond or the one used to evaluate a "normal" common stock?

Reference no: EM131681158

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Explain the given statement as per given requirement : Explain the following statement: "Preferred stock is a hybrid security."Is the equation used to value preferred stock more like the one used.
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