1 2 3 4 1 Cash at the option of the shareholder 2 Cash at th

1)	Cash at the option of the shareholder

2)	Cash at the option of the corporation

3)	Common stock at the option of the shareholder

4)	Common stock at the option of the corporation

Correct answer is 3) Common stock at the option of the holder

Convertible preffered stock is preffered stock that includes an option for the holder to convert the preffered shares into a fixed number of common shares, anytime after a predetermined date.

1) 2) 3) 4) 1) Cash at the option of the shareholder 2) Cash at the option of the corporation 3) Common stock at the option of the shareholder 4) Common stock a

1 2 3 4 1 Cash at the option of the shareholder 2 Cash at th

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