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    Financial Accounting Study Set 21
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    Exam 11: Shareholders Equity
  5. Question
    Preferred Shares That Pay a Fixed Dividend for as Long
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Preferred Shares That Pay a Fixed Dividend for as Long

Question 46

Question 46

Multiple Choice

Preferred shares that pay a fixed dividend for as long as the shares remain outstanding are called


A) floating rate shares.
B) rate reset shares.
C) fixed dividend rate shares.
D) perpetual shares.

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