Question
Which of the following is not a characteristic of most preferred stocks? a. Preference as to dividends. b. No voting power. c. Detachable conversion
Which of the following is not a characteristic of most preferred stocks? a. Preference as to dividends. b. No voting power. c. Detachable conversion options are not valued on the balance sheet. d. Preference as to assets in the event of liquidation of the company.
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