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What Is A Trust Preferred Stock?
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What is a trust preferred stock?
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(A) A type of preferred stock that allows the issuing company to treat the dividend expense as a tax deduction
(B) A type of preferred stock originally created by Goldman Sachs to allow Enron to shelter income offshore
(C) A type of preferred stock that the 2010 Wall Street Reform Act removes from the calculation of reserves
(D) All of the above
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