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Why would a company consider issuing preferred stock

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Question

1. If an employer does not pay the taxes withheld from employees to the government, is the employee responsible?

2. Is a defined benefit or a defined contribution plan better for an employee? for an employer?

3. Why would a company consider issuing preferred stock? If it needs to raise capital, wouldn't it be better just to borrow the money from a bank?

Reference no: EM132344517

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