Summary: After listening to this episode you should understand the following concepts: Preferred Stock Pfd Par vs. common par Cumulative Non Cumulative Voting Rights? Preemptive rights? Senior to? Call features What is major factor relating to market price Taxation of dividends for corporations Current Yield Interest rate movements Convertible Preferred Conversion Ratio Parity Price Bonds vs. Preferred Forced Conversion Adjustable Rate Preferred Participating Preferred Goal of adjustable or variable rate preferred stock
