A type of preferred stock that may be exchanged for a specified ...

[cabate]

A type of preferred stock that may be exchanged for a specified number of common shares in the future is called ___________________ _ preferred.
 Fill in the blank(s) with correct word

Question 2

Use the ordinary interest method to find the rate of interest that Valley Mountain Vineyards pays on a loan of 5,500 for 234 days, if the amount of interest is 345.67. (Round to nearest tenth percent)
 A) 8.3
  B) 10.2
  C) 14.5
  D) 9.7

[mmpiza]

Answer to Question 1

convertible

Answer to Question 2

D

[cabate]

Wow, this really help

[upturnedfurball]

Thanks for the timely response, appreciate it