(Solution) -ACC 206 Week 2 DQ 1 Stock Features

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Academic Level: Undergrad. (yrs 3-4)

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ACC 206 Week 2 DQ 1 Stock Features

What is callable preferred stock? Why do corporations issue such stock? Given the different features that are associated with stock (callable, cumulative, preferred, etc.), what type of stock would you want to buy personally and why?