Security which has characteristics of common stock and bonds both at same time is classified as?
4 views
1 Answers
Answer: Option 1
Security which has characteristics of common stock and bonds both at same time is classified as preferred stock. Preferred stock (also called preferred shares, preference shares or simply preferreds) is a form of stock which may have any combination of features not possessed by common stock including properties of both an equity and a debt instrument, and is generally considered a hybrid instrument.
4 views
Answered