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Basic Question 1 of 6

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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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

describe differences in voting rights and other ownership characteristics among different equity classes

CFA® 2024 Level I Curriculum, Volume 3, Module 4.