Series 66: Adjustable-rate Preferred Stock

Taken from our Series 66 - NASAA Uniform Combined State Law Exam

Definition of the term Adjustable-rate Preferred Stock...

preferred stock that ties returns and dividends to an outside interest rate, most often a Treasury bill rate.

Since you're reading about Series 66: Adjustable-rate Preferred Stock, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 66
Please Enable Javascript
to view this content!