Callable preferred stock permits the corporation at its option to redeem the outstanding preferred shares at specified future dates and at stipulated prices.

Name: Callable preferred stock permits the corporation at its option to redeem the outstanding preferred shares at specified future dates and at stipulated prices.
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Question

Quizplus · Accepted Answer

Callable preferred stock does allow the issuer to redeem the shares at a future date and at a predetermined price.

Callable Preferred Stock Permits the Corporation at Its Option to Redeem