gianmarisperez995 gianmarisperez995
  • 09-10-2019
  • Business
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Which of the following features of preferred stock makes the security more like debt than an equity instrument?a) Votingb) Noncumulativec) Participatingd) Redeemable

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enyo enyo
  • 10-10-2019

Answer: Option (D)

Explanation:

Redeem-ability is one of the features of the preferred stocks that tends to make this security look more like a debt than any equity instrument. Redeemable or Redeem-ability refers to the state or part at which an individual is able to recover or redeem his money or any equivalent  after a given period of time.

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