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Answer in one sentence. What are cumulative preference shares? - Secretarial Practice

One Line Answer

Answer in one sentence.

What are cumulative preference shares?

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Solution

Cumulative preference shares are those shares on which dividend goes on accumulating (adding).

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APPEARS IN

Balbharati Secretarial Practice 12th Standard HSC Maharashtra State Board
Chapter 2 Sources of Corporate Finance
Exercise Q.1 | Q 8.1 | Page 37
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