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    Sep 11, 2014, 01:57 PM
    Finance
    If the U.S. goes to the new international accounting standards and rules, then most preferred stock of U.S. corporations will be put in the Liabilities section NOT the equity section of the balance sheet. That should make preferred dividends tax deductible. How do you think the yields on preferred stock will change and would current preferred shareholders have any reason to change their holdings of preferred stock?

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