Users of preferred stock include:
A)Utility companies
B)Acquiring firm in mergers and acquisitions
C)Large commercial banks
D)All listed answers are users

Question

Quizplus · Accepted Answer

All listed options are users of preferred stock. Utility companies often use preferred stock to raise capital for new projects, while acquiring firms may issue preferred stock to finance a merger or acquisition. Large commercial banks may hold preferred stock as part of their investment portfolios.

Users of Preferred Stock Include