The conversion feature on convertible preferred shares enables the shareholder to convert them to which of the following?
A) Common shares.
B) Cash.
C) Convertible bonds.
D) Products of the company.

Question

Quizplus · Accepted Answer

The conversion feature on convertible preferred shares specifically allows the shareholder to convert their shares into common shares of the issuing company. This feature provides flexibility and potential for capital appreciation to the shareholders.

The Conversion Feature on Convertible Preferred Shares Enables the Shareholder