Convertible preferred stock conveys what additional benefit over common stock?
Select one:
A. Convertible preferred stock has a fixed dividend yield exceeding the return for common stock.
B. Unpaid dividends on convertible preferred stock are never paid before common stock dividends.
C. Convertible preferred stock has a senior claimant position in bankruptcy.
D. Convertible stock can be converted into the company's debt security.
E. All of the above
Convertiblepreferredstock
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