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20 - why may a call provision limit the upside value of an investment in preferred stock? I o Callable preferred stock can be forced
20 - why may a call provision limit the upside value of an investment in preferred stock? I o Callable preferred stock can be forced to cash. Lout in exchange for a preagreed call price. o The par value of callable stock doesn't affect the call price o Par values are set well below the stock issue price of Callable preferred stock o The Call price may allow a company to buy back the preferred stock at less than 100% of it's par value
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