NACVA Exam CVA Topic 5 Question 100 Discussion

Actual exam question for NACVA's CVA exam

Question #: 100
Topic #: 5

[All CVA Questions]

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

ADividend rate

BLiquidation preference

CCumulative versus noncumulative dividends

DConvertible versus nonconvertible rights into preferred equity

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Suggested Answer: A

by Beula at Sep 18, 2024, 03:00 AM

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3 days ago

I believe the answer is D, because convertible rights are a common feature of preferred stock.

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11 days ago

I agree, but I'm not sure about the answer options provided.

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13 days ago

I think the special characteristics of preferred stock are important for investors.

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