Free Version

Dashboard
Review Topics
Quizzes
Practice Exams
Flashcards
Vocabulary
If you get a question about Star Wars, remember, it's HAN Solo, not HANS Solo. He gets that all the time.

It’s Great to be Preferred…Stock

It’s Great to be Preferred…Stock

“You missed a lot in this section, Shmooge. Don’t you remember anything from the previous nine times you took the exam?”

“I guess not.”

Shmooge thought he heard a ghostly sigh before the Figure began speaking.

Preferred stock (which isn’t really debt – technically it is equity – but it pays a fixed dividend, which is similar to a fixed coupon on a bond), but it would have to come with conversion rights. That is, it could be converted into common stock at a given price over a g...

Looking for more? Why is this annoying box in the way? It's because you haven't paid for the course yet!

$63.63
Next: Exercise Your Rights (and Warrants)
Prev: Getting Started in Stocks

*Securities is a registered trademark of the College Board, which was not involved in the production of, and does not endorse this product.