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Answer in one sentence. What are preference shares?

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Question

Answer in one sentence.

What are preference shares?

One Line Answer
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Solution

Preference shares are those shares which carry preferential rights to receive dividend and return of capital.

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Sources of Owned Capital - Shares
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Chapter 2: Sources of Corporate Finance - Exercises [Page 37]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 2 Sources of Corporate Finance
Exercises | Q 1. H) 3. | Page 37

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