Preference shareholders are eligible to get fixed

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Preference shareholders are eligible to get fixed rate of dividend and they do not have voting rights.
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Types of Preference Shares Cumulative preference shares Non-cumulative preference shares Redeemable preference shares Irredeemable Preference Shares Participating Preference Shares Non Participating Preference Shares Convertible Preference Shares Non Convertible Preference shares
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Features of Preference Shares Maturity period Residual claims on income
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  • Spring '17
  • Finance, Generally Accepted Accounting Principles, voting rights, preference shares

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