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    Intermediate Accounting Study Set 12
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    Exam 3: Shareholders Equity
  5. Question
    Callable Preferred Shares
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Callable Preferred Shares

Question 147

Question 147

Multiple Choice

Callable preferred shares


A) may be redeemed at any time at the shareholder's option.
B) may be called or redeemed at the option of the issuing corporation.
C) usually have voting rights.
D) have rights to participate in any new share issuance.

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