A preferred stock is: Select one: a. made up of bond, option, and future contract. b. preferred by board of directors. c. preferred by retirees and mutual funds. d. a hybrid security. It is similar to a bond in some respects and to common stock in others A preferred stock is: Select one: a. made up of bond, option, and future contract. b. preferred by board of directors. c. preferred by retirees and mutual funds. d. a hybrid security. It is similar to a bond in some respects and to common stock in others