Question 12 (1 point) One of your clients has done research into PQR Company that has led her to believe that the company's profits will be rising sharply over the next few years. As an elderly, conservative, strongly risk-averse investor, she wishes to benefit from this rise while taking the minimum possible risk. The company has the following series of preferred shares. Which should she buy to pursue her investment strategy?: Series J participating preferred shares Series L retractable preferred shares Series M cumulative nonredeemable preferred shares. 1) Series M cumulative nonredeemable referred shares. 2) Series L retractable preferred shares. 3) Series I participating preferred shares. O 4) Class A common shares. Previous Page Next Page Page 12 of 12