Issuers of ______________________ have the right to pay cash or in shares of the issuers common stock at redemption.
A) Straight preferred share
B) Retractable preferred stock
C) Soft retractable preferred stock
D) Mandatory redeemable preferred stock

Question

Quizplus · Accepted Answer

Soft retractable preferred stock gives issuers the flexibility to pay cash or shares of the issuer's common stock at redemption, unlike other types of preferred stock which may have more rigid redemption terms.

Issuers of ______________________ Have the Right to Pay Cash or in Shares