The Roshe Run has been transformed into the Roshe One. The Roshe One features customization options, thanks to Nikeid, and technological updates, including Nike Flywire. These updates, along with the change of title, suggest that there will be a line of Roshe's to look forward to in the future.
Preferred stock that allows the holder to convert the preferred shares into a fixed number of common shares, usually any time after a predetermined date. Also known as convertible preferred shares.
Explain the following statement. Preferred stock is a hybrid security. Preferred stock is a hybrid security because it is similar to a bond in some respects and to common stock in others. Like bonds, preferred stock has a par value and a fix dividend that must be paid before dividends can be paid on the common stock.