Which statements are TRUE about preferred stock? I When interest rates rise, preferred stock prices rise II When interest rates rise, preferred stock prices fall III When interest rates fall, preferred stock prices fall IV When interest rates fall, preferred stock prices rise A. I and II B. I and III C. II and III D. II and IV
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Answered on
The correct statements about preferred stock and interest rates are:
II. When interest rates rise, preferred stock prices fall.
IV. When interest rates fall, preferred stock prices rise.
Therefore, the correct answer is: D. II and IV