Which is the element of cumulative convertible preference shares? | Faculties

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Shiva Ram

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📊 Financial Management

Q. Which is the element of cumulative convertible preference shares?

(A) The rate of dividend will be 10%
(B) The rate of dividend is 20%
(C) No risk
(D) No return

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✅ Correct Answer: (A) The rate of dividend will be 10%

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