Should preferred stock be classified as debt or equity

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Should preferred stock be classified as debt or equity/Does it matter if the classification is being made by the firm's a. management b. creditors, or c. equity investors?

Reference no: EM131012153

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Should preferred stock be classified as debt or equity : Should preferred stock be classified as debt or equity/Does it matter if the classification is being made by the firm's a. management b. creditors, or c. equity investors?
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