Biology Forums - Study Force

Use the following statements to answer this question:

I.	A retractable preferred share can be sold back to the issuer.

II.	Preferred shares provide the investor an income tax benefit given that dividend

income receives preferential tax treatment as compared to interest income.

▸ I and II are correct.

▸ I and II are incorrect.

▸ I is correct and II is incorrect.

▸ I is incorrect and II is correct.

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