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Basic Question 1 of 6
Which of the following is not true regarding preferred shares?
B. Dividends on preferred shares are typically fixed.
C. Preferred shares cannot be callable.
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 |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe differences in voting rights and other ownership characteristics among different equity classes
CFA® 2025 Level I Curriculum, Volume 3, Module 4.