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Preference Shares, in Case the Holders of These Have a Right

Question 8

Multiple Choice

Preference shares, in case the holders of these have a right to convert their preference shares into equity shares at their option according to the terms of issue, such shares are called :


A) Cumulative Preference Share
B) Non-cumulative Preference Share
C) Convertible Preference Share
D) Non-convertible Preference Share

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