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Alle Oberthemen / Accounting / General / Final Exam - ACCT 2101
33
What are the other four types of Preferred Stock?
Participating vs. Nonparticipating
Part- dividends may exceed a stated amt. once common stockholders receive a dividend equal to the preferred state rate
Non- dividends limited to a max amt. each year. The max is usually the stated div. rate. (Most Pref. Stock is Nonparticipating)

Convertible
-right to be converted to fixed number of common shares

Callable
-issuing company can purchase or retire stock a specified future prices


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Karteninfo:
Autor: savhighsmith
Oberthema: Accounting
Thema: General
Schule / Uni: UGA
Ort: Athens
Veröffentlicht: 01.05.2010

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