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Exam CVA topic 1 question 61 discussion

Actual exam question from NACVA's CVA
Question #: 61
Topic #: 1
[All CVA Questions]

The special characteristics of the preferred stock that we typically encounter include all of the following EXCEPT:

  • A. Dividend rate
  • B. Liquidation preference
  • C. Cumulative versus noncumulative dividends
  • D. Convertible versus nonconvertible rights into preferred equity
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Suggested Answer: D 🗳️
by gemazyni at April 6, 2025, 3:53 a.m.

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