Arrearages are unpaid preferred dividends

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Reference no: EM13885197

Which statement is FALSE

a. A convertible bond gives the bondholder the right to exchange the bonds for a preset number od shares of stock.

b. a warrant is a security that often sold with bonds but that can be detached (bought and sold separately) from the bond

c. most preferred stock is owned by individual investors due to the fixed dividends

 

d. arrearages are unpaid preferred dividends.

Reference no: EM13885197

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