Which of the following is not a potential feature of preferred stock?

Name: Which of the following is not a potential feature of preferred stock?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

All of the above features are potential features of preferred stock. Convertible preferred stock can be converted into common stock at a later date. Redeemable preferred stock can be bought back by the issuer at a later date. Cumulative preferred stock has the right to receive unpaid dividends before common stockholders.

Which of the Following Is Not a Potential Feature of Preferred