Introduction to Corporate Finance — Secretarial Practice STD 12 Commerce / Arts — Question
Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsSecretarial PracticeIntroduction to Corporate Finance2 Marks
Question
Preference Share Capital
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Answer
Preference Shares Carry preferential right as to payment of dividend and have priority over equity shares for return of capital during liquidation (winding up). These shares carry dividends at a fixed rate.
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