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WHAT IS THE DIFFRANCE B/W THE PREFERENCE SHARES AND EQUITY
SHARES....
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Answer Posted / karuna
preferance shares:- during the continuance of the company
the share holders be assured of preference dividend i.e.
dividend prior to that is paid on equity shares at a
stipulated rate or fixed amount
equity shares:-this class of shares confer the right to
either a fixed dividend or repayment of pre determined
amount of capital in the event of winding up of the company
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