Question

Which is the type of stock that is commonly traded in stock exchanges? Hint: this is the form of company ownership that does not include voting rights on major issues such as the election of directors.

Answer 1

Preferred shares

Step-by-step explanation:

In simple words, Preferred shares (sometimes known as "preferred") are indeed a type of hybrid security that has both equities and guaranteed income features. A preferred share, like an equity instrument, indicates an ownership stake, has no expiration period and is recorded on the capital side of a corporation 's balance sheet.