New One Goal, Three Exams: Strategies for Mastering RBI, SEBI, and IFSCA Exams
Register

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 Correct Answer Incorrect Answer
B Convertible Preferred Stock Correct Answer Incorrect Answer
C Preferred Stock Certificate Correct Answer Incorrect Answer
D Global Depository Receipt Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The correct answer is D

Practice Next

Relevant for Exams:

×
×