Question

convertible preference share for one Marks​

Answer 1

Convertible preferred stocks are preferred shares that include an option for the holder to convert the shares into a fixed number of common shares after a predetermined date. ... The value of a convertible preferred stock is ultimately based on the performance of the common stock

Answer 2

Answer:

ᴛʜᴇsᴇ sʜᴀʀᴇs ᴀʀᴇ ᴄᴏʀᴘᴏʀᴀᴛᴇ ғɪxᴇᴅ-ɪɴᴄᴏᴍᴇ sᴇᴄᴜʀɪᴛɪᴇs ᴛʜᴀᴛ ᴛʜᴇ ɪɴᴠᴇsᴛᴏʀ ᴄᴀɴ ᴄʜᴏᴏsᴇ ᴛᴏ ᴛᴜʀɴ ɪɴᴛᴏ ᴀ ᴄᴇʀᴛᴀɪɴ ɴᴜᴍʙᴇʀ ᴏғ sʜᴀʀᴇs ᴏғ ᴛʜᴇ ᴄᴏᴍᴘᴀɴʏ's ᴄᴏᴍᴍᴏɴ sᴛᴏᴄᴋ ᴀғᴛᴇʀ ᴀ ᴘʀᴇᴅᴇᴛᴇʀᴍɪɴᴇᴅ ᴛɪᴍᴇ sᴘᴀɴ ᴏʀ ᴏɴ ᴀ sᴘᴇᴄɪғɪᴄ ᴅᴀᴛᴇ.

Explanation:

ᴘʟᴇᴀsᴇ ᴍᴀʀᴋ ᴀs ʙʀᴀɪɴʟɪᴇsᴛ ᴘʟᴇᴀsᴇ