Examveda
Examveda

Type of stock which have characteristics of bonds and common stock is classified as

A. bonds equity

B. common shares

C. common stock

D. preferred stock

Answer: Option D

Solution(By Examveda Team)

Type of stock which have characteristics of bonds and common stock is classified as preferred stock. Preferred stock refers to a class of ownership that has a higher claim on assets and earnings than common stock has.

This Question Belongs to Commerce >> Financial Management

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