All of the following special provisions benefit security holders except ____________.

Question

Quizplus · Accepted Answer

Callability benefits the issuer of the security, not the security holder. Tax-free status and convertibility can both be attractive to security holders as they can provide potential tax advantages or the ability to convert the security into another form (such as common stock) which can potentially increase the value of the investment.

All of the Following Special Provisions Benefit Security Holders Except