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HomeBAF (Bachelor of Accounting & Finance)Financial ManagementStock Valuation › Unlike bonds, preferred stock has no:

Unlike bonds, preferred stock has no:

AMonthly report
BMaturity date
CMarket price
DMinimum lot
Answer & Solution
Correct answer: B. Maturity date
1. It does carry a stated par value. 2. But nothing forces final repayment. 3. It has no maturity date. _Source: OpenStax Principles of Finance 2e, Chapter 11, Stocks and Stock Valuation._
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