Most preferred stocks have the following characteristics, except:
A. To receive dividends on a preferred basis.
B. Cumulative dividends.
C. Voting.
D. Callable at the option of the corporation.
Answer:C
Most preferred stocks have the following characteristics, except:
A. To receive dividends on a preferred basis. B. Cumulative dividends. C. Voting. D. Callable at the option of the corporation.