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User: the type of preferred stock that may be exchanged at the stockholders option for common stock is a. corporate bond b. convertible preferred stock c. participating preferred stock d. cumulative preferred
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User: the type of preferred stock that may be exchanged at the stockholders option for common stock is

a. corporate bond
b. convertible preferred stock
c. participating preferred stock
d. cumulative preferred stock

User Mark Leiber
by
6.4k points

2 Answers

5 votes

Answer:

convertible preferred stock.

Step-by-step explanation:

User Isaac Sekamatte
by
6.7k points
5 votes
The correct answer is: b. convertible preferred stock

I already took the test and it was correct.
User Zakaria Marrah
by
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