New Enroll in RBI Grade B New Batch - Starts on May 21

Question

Which of the following is a stock that includes an

option for the holder to convert the preferred shares into a fixed number of common shares, usually any time after a predetermined date?

A Warrant

B Convertible Preferred Stock

C Preferred Stock Certificate

D Global Depository Receipt

E None of these

Practice Next

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Relevant for Exams:

NPS Trust Grade B Officer