Concept
Version 6
Created by Boundless
Convertible Stock
![Allied Paper Corp. Common Stock Certificate](../../../../../../../../../figures.boundless-cdn.com/12150/full/ion-stock-certificate-1964.jpeg)
Allied Paper Corp. Common Stock Certificate
A public company's preferred stock is designated as convertible if it can be exchanged for common stock.
Source
Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:
"Allied Paper Corporation Stock Certificate 1964."
http://commons.wikimedia.org/wiki/File:Allied_Paper_Corporation_Stock_Certificate_1964.jpg
Wikimedia
Public domain.