Which of the following would be classified as debt lenders for a firm?
Which of the following would be classified as debt lenders for a firm?
A) Preferred shareholders, banks, and nonbank lenders
B) Nonbank lenders, common shareholders, and commercial banks
C) Preferred shareholders, common shareholders, and suppliers
D) Suppliers, nonbank lenders, and commercial banks
ANSWER
Answer: D
Explanation: D) Preferred stockholders are hybrid equity lenders, common shareholders are owners, and the rest of the choices may be considered a form of debt lender.
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