Maharashtra State BoardHSC Commerce 12th Board Exam
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Select the correct answer from the options given below and rewrite the statement. The holder of preference share has right to receive ................. rate of divided. - Secretarial Practice

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MCQ

Select the correct answer from the options given below and rewrite the statement.

The holder of preference share has right to receive ______ rate of divided.

Options

  • fixed

  • fluctuating

  • lower

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Solution

The holder of preference share has right to receive fixed rate of divided.

Concept: Sources of Owned Capital - Shares
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APPEARS IN

Balbharati Secretarial Practice 12th Standard HSC Maharashtra State Board
Chapter 2 Sources of Corporate Finance
Exercises | Q 1. A) 6. | Page 34
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