Ted said, I don't think that preferred stock will do anything for us that the debt cannot do. I've read that preferred stock is not a very good option for most companies.
Explain why Ted is correct by explaining why debt is normally a superior financing method to preferred stock. Also explain under what conditions preferred stock may be a viable option for some firms.
Explain why Ted is correct by explaining why debt is normally a superior financing method to preferred stock. Also explain under what conditions preferred stock may be a viable option for some firms.