Multiple Choice
Which of the following is a disadvantage of an income trust?
A) income trusts do not offer the potential for capital appreciation
B) income trusts never provide stable cash flows
C) only immature companies that do not have a regular cash flow can create income trusts
D) unitholders of income trusts have a lower claim on assets than the holders of debt securities
Correct Answer:
Verified
Correct Answer:
Verified
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