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The type of preferred stock that may be exchanged at the stockholder's option for common stock is: A. corporate bond. B. convertible preferred stock. C. participating preferred stock. D. cumulative preferred stock.
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Asked 8/30/2013 6:49:48 PM
Updated 9/29/2015 7:34:05 PM
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Flagged by emdjay23 [9/29/2015 7:34:05 PM]
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User: The type of preferred stock that may be exchanged at the stockholder's option for common stock is: A. corporate bond. B. convertible preferred stock. C. participating preferred stock. D. cumulative preferred stock.

Weegy: D. cumulative preferred stock.
andrewpallarca|Points 24974|

Question
Asked 8/30/2013 6:49:48 PM
Updated 9/29/2015 7:34:05 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by emdjay23 [9/29/2015 7:34:05 PM]
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The type of preferred stock that may be exchanged at the stockholder's option for common stock is Convertible preferred stock.
Added 9/29/2015 7:34:04 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [9/30/2015 5:43:31 AM]
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