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Basic Question 4 of 6

Putable common shares give ______ at a pre-specified price.

A. investors the option to sell their shares back to the issuing company
B. the issuing company the option to sell its shares to its shareholders
C. investors the option to sell their shares to other investors

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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

describe differences in voting rights and other ownership characteristics among different equity classes

CFA® 2024 Level I Curriculum, Volume 3, Module 4.