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Convertible fixed stock: 1) pays a fixed dividend. 2) may be converted into the firm's common stock. 3) is equity. Select the best option below.
Convertible fixed stock:
1) pays a fixed dividend.
2) may be converted into the firm's common stock.
3) is equity.
Select the best option below.
Select one
: a. 1, 2, and 3
b. 2 and 3
c. 1 and 3
d. 1 and 2
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