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Basic Question 0 of 4

Which of the following is not true regarding preferred shares?

A. Preferred shares generally don't have any voting rights.
B. Dividends on preferred shares are typically fixed.
C. Preferred shares cannot be callable.

User Contributed Comments 6

User Comment
gill15 Not nots are soo annoying. There should be an Ethics section on Suitability of CFA questions.
ldfrench For a fish, you are pretty smart?
janglejuic lmao
Inaganti6 lol @ldfrench
khalifa92 finally, someone said it!
Znanje35 so funny
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Lina

Lina

Learning Outcome Statements

demonstrate the application of DuPont analysis of return on equity and calculate and interpret effects of changes in its components

CFA® 2025 Level I Curriculum, Volume 3, Module 11.