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 shares have right to convert their shares into equity shares. - Secretarial Practice

MCQ

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

The holder of ______ preference shares have right to convert their shares into equity shares.

Options

  • cumulative

  • convertible

  • redeemable

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Solution

The holder of convertible preference shares have right to convert their shares into equity shares.

  Is there an error in this question or solution?
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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 1.08 | Page 34
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