What are some of features of convertible preferred shares


Problem:

Select all that apply What are some of the features of convertible preferred shares? (select all that apply). Multiple select question. They are more attractive to investors than preferred shares without the conversion feature. They allow preferred shareholders to share in the increase in value of the common shares. They allow preferred shareholders to share with common shareholders in dividends in excess of the specified amount. The preferred shareholders have to pay cash to acquire the common shares and use their conversion feature. They allow a shareholder to exchange their preferred shares for common shares.

 

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Accounting Basics: What are some of features of convertible preferred shares
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