Hybrid securities are quite susceptible to being reclassified as stock.Which of the following is characteristic of hybrid securities?

Question

Quizplus · Accepted Answer

Hybrid securities often have characteristics that differentiate them from traditional stocks or bonds, such as having no specific maturity date (unlike what's suggested in A), their payments can be dependent on the corporation's income (contrary to B), and they are often subordinated to other forms of debt (opposite of C).

Hybrid Securities Are Quite Susceptible to Being Reclassified as Stock