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Which is known as a hybrid security, consisting of both debt and equity characteristics. A. sub-ordinated debenture B. bond C. preferred stock D. common stock
Which is known as a hybrid security, consisting of both debt and equity characteristics.
A. sub-ordinated debenture B. bond C. preferred stock D. common stock
33. All are characteristics of common stock except.
A. receives interest payments B. equity claim C. has voting rights D. can receives dividends
34. Security that allows the holder the option to buy shares of common stock at a certain price for a stated period of time is known as a:
A. cumulative preferred stock B. preemptive right C. warrant D. non-cumulative preferred stock
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