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Which of the following statements about preference shares
is/are true?1) These shares are issued to noteworthy
investors 2) These shares have a fixed rate of dividend 3)
Maturity period for these shares is fixed
(A) Only 1
(B) Only 2 and 3
(C) Only 1 and 2
(D) 1, 2 and 3
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UPSC 
