Which of the statements below is NOT true? A) Preferred stock is a fo
Which of the statements below is NOT true?
A) Preferred stock is a form of hybrid equity financing.
B) Retained earnings are a form of hybrid equity financing.
C) Common stock is a form of equity financing.
D) Corporate bonds are a form of debt financing.
ANSWER
Answer: B
Explanation: B) Retained earnings are internal equity financing.
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