The following are primary purchasers of preferred stock except
A) corporate investors.
B) insurance companies.
C) pension funds.
D) individual investors.

Question

Quizplus · Accepted Answer

Preferred stock is typically purchased by corporate investors, insurance companies, and pension funds due to its dividend advantages and lower risk compared to common stock. Individual investors are less likely to be primary purchasers of preferred stock, as they might prefer stocks or investments with higher growth potential.

The Following Are Primary Purchasers of Preferred Stock Except