Preferred shares would be of interest to an investor having which of the following characteristics?
A) an investor looking for the highest return and prepared to take the greatest risk
B) an investor looking for an investment where the return is guaranteed
C) an investor who is looking for a return that is fixed but not guaranteed
D) an investor who wants a voice in the affairs of the corporation through the voting rights attached to the shares
E) an investor who wants to be sure to get their money back
Correct Answer:
Verified
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