Graybok Entity (GE) issues 7,000 mandatorily redeemable preference shares with a par value $100 to Stanbeck Entity (SE). SE has the option to require GE to redeem the shares at par at any given time.
-How are the preference shares classified for GE?

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The Answer of Graybok Entity (GE) issues 7,000 mandatorily redeemable preference shares with a par value $100 to Stanbeck Entity (SE). SE has the option to require GE to redeem the shares at par at any given time.
-How are the preference shares classified for GE?

Graybok Entity (GE) Issues 7,000 Mandatorily Redeemable Preference Shares with a Par