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Jimmy Da Neck

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Jimmy Da Neck

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Saturday, 04/17/2021 12:31:43 AM

Saturday, April 17, 2021 12:31:43 AM

Post# of 47901
Convertible preferred stock gives an investor a stream of income (dividends on the preferred stock) as well as potential 'upside' advantages. It can be converted into the common stock of the company at the predetermined date and conversion ratio. Investors find this to be an attractive feature of a preferred stock.
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Volume:
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  • 1D
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