I don't know if this will meet IRS requirements.. <<If we are given a choice , then it looks like a convertible or a preferred stock that has a mandatory call date and will pay shareholders face value when they mature is our best bet. I recently had some preferreds that were called at face value. $25. The dividend was paid quarterly. This apparently is not ordinary, but why must all financial equities be slanted in favor of the company? Comments>>. . .