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A violation of preferred stock restrictive covenants usually permits preferred shareholders to A. force the retirement of the preferred stock at or above its par

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A violation of preferred stock restrictive covenants usually permits preferred shareholders to A. force the retirement of the preferred stock at or above its par value B. force the company into bankruptcy O c. force the company to repurchase the shares at a stated amount below par OD. suit against the shareholders Payment of interest required only when earnings are made available from which to make a payment is characteristic of a(n). A. equipment trust certificate B. income bond c. mortgage bond D. floating rate bond Economic value added is the difference between an investment's net operating profit after taxes and the accounting profit. True O False

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