Preferred Stock That the Issuing Corporation at Its Option May

question 25

Multiple Choice

Preferred stock that the issuing corporation at its option may retire by paying a specified amount to the preferred stockholders plus any dividends in arrears is called:

• A)Convertible preferred stock
• B)Callable preferred stock
• C)Premium stock
• D)Cumulative preferred stock
• E)Participating preferred stock

---

Definitions:

Bonuses

Additional compensation given to employees as a reward for their performance, often based on achieving certain targets or goals.

Stock Exchange

A marketplace where securities, such as stocks and bonds, are bought and sold.

TSX

The TSX refers to the Toronto Stock Exchange, a major global exchange located in Canada, primarily featuring Canadian-based companies.

Listing Requirements

Listing requirements are the criteria established by stock exchanges that companies must meet to be listed and continue trading on the exchange.