Which of the following relationships is true, regarding the costs of issuing the below securities?
A. Common stock > bonds > preferred stock
B. Preferred stock > common stock > bonds
C. Bonds > common stock > preferred stock
D. Common stock > preferred stock > bonds
Answer:D
Which of the following relationships is true, regarding the costs of issuing the below securities?
A. Common stock > bonds > preferred stock B. Preferred stock > common stock > bonds C. Bonds > common stock > preferred stock D. Common stock > preferred stock > bonds