Preferred stock is characterized by ________.
A) voting rights
B) maturity date
C) quasi-debt nature
D) preemptive rights

Name: Preferred stock is characterized by ________. A) voting rights B) maturity date C) quasi-debt nature D) preemptive rights
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

Preferred stock is characterized by its quasi-debt nature, meaning it has qualities of both equity and debt. It typically does not have voting rights or preemptive rights, and there is no maturity date.

Preferred Stock Is Characterized by ________