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Cumulative Preferred Redeemable Preferred Stock Callable Preferred Stock Convertible Preferred Stock A. Preferred stock that gives the owner the right (but not the obligation) to

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Cumulative Preferred Redeemable Preferred Stock Callable Preferred Stock Convertible Preferred Stock A. Preferred stock that gives the owner the right (but not the obligation) to exchange the preferred stock for another security (usually common stock). B. Preferred stock that is entitled to all passed dividends (preferred dividends not paid in prior years) before common stockholders get any (cash) dividend. C. Preferred stock that gives the corporation the right (but not the obligation) to force the owner to sell back the preferred stock at a set price. D. Preferred stock that gives the owner the right (but not the obligation) to force the corporation to buy back the preferred stock at a set price

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