Preview (2 of 1 Pages)100%Purchase to unlockPage 1Loading page ...ACC206StockFeaturesandInvestmentPreferences:AnalyzingCallablePreferredStockACC206Week2DQ1StockFeatures1.Whatiscallablepreferredstock?Whydocorporationsissuesuchstock?Giventhedifferentfeaturesthatareassociatedwithstock(callable,cumulative,preferred,etc.),whattypeofstockwouldyouwanttobuypersonallyandwhy?GuidedResponse:Reviewyourpeers’posts.Respondtoatleasttwoofyourclassmates,lettingthemknowifyouagreewiththeirtypeofdesiredstockandwhetheryouranswerwouldchange(andwhy)basedon:a.Differenteconomicconditionsb.Stateofthecompany(ifthecompanyisinagrowthphaseversusamaturestate).Preferredstockeliminatedstockholdersfromtheabilitytoreceivevotingrightandorunlimitedupsideassociatedwithescalatingearnings,dividends,andcorporategrowth,buttheydoreceivepreferenceintheeventofcorporateliquidation(theyarerepaidbeforecommonshareholdersbutnotcreditors)andareusuallyaffordedadecentandsomewhatguaranteed,dividendstream.Thusthenamepreferred+StudyXYPage 2Report