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प्रश्न
Which of the following statement is incorrect about Preference Shares?
पर्याय
Right to receive Dividend
No Dividend
Return of capital on winding up of company
Can be converted
MCQ
उत्तर
No Dividend
Explanation:
Preference Dividend-paying shares are ones on which a fixed amount of dividend will be paid. Preference shareholders receive dividends before equity stockholders receive dividends. These shares are redeemable and convertible.
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