NO.PZ2023040301000112
问题如下:
Which of the following statements is most accurate?
选项:
A.Investors owning a small number of common shares would prefer statutory voting to cumulative voting
Convertible preference shares are more volatile and riskier than the underlying common shares
Putable common shares provide benefits to both the issuing company and investors
解释:
The put option feature facilitates raising capital because the shares are more appealing to investors. As such, it provides a benefit to the issuing company. It also helps investors limit their potential losses because they can sell the shares back to the issuing company if the market price falls below the pre-specified put price. Therefore, putable common shares are beneficial to both the issuing company and the investors
A选项为什么错误