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Answer Posted / reddydeeps
the word preferance says that they are given preferance
over equity shares. and they r given fixed rate of
dividents
& given first preferance when liquidation of company takes
place. & preferance share are not issued they r gifted by
company either to the existing share holders or to the
third party...
| Is This Answer Correct ? | 5 Yes | 1 No |
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