Felicia Purchased Some Stock Last Year

Multiple Choice

Felicia purchased some stock last year. She was disappointed at the end of the year when she realized that she would not have the opportunity to vote in the company election, but she was very pleased when she received a cash payout from the company at the end of the following quarter. Felicia most likely owns ________ stock.

A) preferred
B) treasury
C) common
D) secured
E) convertible