单选题

Which of the following statements is most accurate?

A、 Investors prefer to invest in callable common shares rather than putable common shares.
B、 The issuing company is obligated to buy callable common shares at a predetermined price.
C、 Putable common shares facilitate raising capital because of their appeal to investors over callable common shares.

【正确答案】 C

【答案解析】

C is correct, Putable common shares facilitate raising capital because of their appeal to investors over callable common shares, The put feature gives investors the right to sell the shares back to the issuing company when the market price is below the pre-specified put price.