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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.

describe why Ted is correct by describeing why debt is normally a superior financing method to preferred stock. Also describe under what conditions preferred stock may be a viable option for some firms.

describe why Ted is correct by describeing why debt is normally a superior financing method to preferred stock. Also describe under what conditions preferred stock may be a viable option for some firms.

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