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Which of the Following Characteristics Apply to Straight Preferred Shares

Question 22

Multiple Choice

Which of the following characteristics apply to straight preferred shares?


A) I and II
B) I, II, and III
C) I, II, III, and IV
D) I, II, IV, and V
I.No maturity date
II.Pay a fixed dividend
III.Dividends are paid at regular intervals
IV.Have a positive yield spread over long Canada bonds
V.The right to sell them back to the issuer

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