Which of the following features do preferred shareholders and bondholders frequently have in common?
I.lack of voting rights
II.conversion option into common stock
III.annuity payments
IV.fixed liquidation value
A)I and II only
B)III and IV only
C)II, III, and IV only
D)I, III, and IV only
E)I, II, III, and IV

Question

Quizplus · Accepted Answer

Preferred shareholders and bondholders often lack voting rights (I), may have conversion options into common stock (II), receive annuity-like payments (III), and have a fixed liquidation value (IV).

Which of the Following Features Do Preferred Shareholders and Bondholders