When a corporation exchanges stock for a specified amount of money, it is exercising its ____________ feature.
A)participating
B)cumulative
C)convertible
D)call
E)termination

Name: When a corporation exchanges stock for a specified amount of money, it is exercising its ____________ feature. A)participating B)cumulative C)convertible D)call E)termination
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Question

Quizplus · Accepted Answer

The call feature allows the corporation to call in its stock by buying it back from the shareholders for a specified amount of money.

When a Corporation Exchanges Stock for a Specified Amount of Money