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
Correct Answer:
Verified
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