Which of the Following Is Not a Very Common Feature

question 48

Multiple Choice

Which of the following is not a very common feature of preferred stock?

• A) Cumulative dividends
• B) Voting rights
• C) Call feature
• D) Conversion feature

---

Definitions:

Multiply

The arithmetic operation of scaling one number by another, essentially repeated addition.

Multiply

The arithmetic process of calculating the result of adding a number to itself a certain number of times.

Simplify

To simplify means to reduce an expression or equation to its simplest form, by combining like terms, reducing fractions, etc.

Combine

The process of uniting two or more expressions into a single expression using mathematical operations.