Discussion Post: Investments
• Why would a corporate investor consider preferred stock over a bond? What is meant by the cumulative feature of preferred stock issues?
• What does the strong form of the efficient market hypothesis suggest? Are major test results generally supportive of the strong form?
• What might a high dividend-payout ratio suggest to an analyst about a company's growth prospects?
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.