CFA Practice Question

There are 191 practice questions for this study session.

CFA Practice Question

______ are also known as redeemable common shares.
A. Callable common shares
B. Putable common shares
C. Exchangeable common shares
Explanation: A callable stock can be recalled or redeemed by the issuer of the stock. Generally, callable stock is issued with a specific redemption price appearing in the terms and conditions of the sale.

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