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Basic Question 1 of 4

Which type of common shares is the least risky?

A. Normal common shares
B. Putable common shares
C. Callable common shares

User Contributed Comments 3

User Comment
aniketcpp Putable common share is least risky for investor perspective,but high risky for company perspective.Right?
jonan203 yes
thevinu Answer depends from your standpoint as an investor and a company.
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz

Learning Outcome Statements

compare the risk and return characteristics of different types of equity securities

CFA® 2025 Level I Curriculum, Volume 3, Module 4.