Callable Preferred Stock Is Preferred Stock That May Be Redeemed

question 148

True/False

Callable preferred stock is preferred stock that may be redeemed or retired at the option of the issuing corporation.

---

Definitions:

Deindividuation

A psychological state of decreased self-evaluation and decreased evaluation apprehension causing anti-normative and disinhibited behavior.

Self-restraint

The ability to control one's emotions, desires, or actions through one's own will.

Cognitive Dissonance

The uneasiness experienced due to harboring more than one contradictory belief, idea, or value in tandem.

Social Loafing

The phenomenon where individuals exert less effort when working in a group than when working individually.