Preference Shares Which Allow the Investor to Receive Dividends in Arrears

question 67

Multiple Choice

Preference shares which allow the investor to receive dividends in arrears, when the company declares and pays a dividend, are called:

• A)cumulative preference shares.
• B)redeemable preference shares.
• C)participating preference shares.
• D)none of the above.

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Definitions:

GDP

Gross Domestic Product, which measures the total economic output of a country, accounting for all goods and services produced within a given period.

Real GDP

An inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year.

Nominal GDP

The gross domestic product measured at current market prices, without adjustment for inflation.

GDP Deflator

An index that measures the change in prices of all new, domestically produced, final goods and services in an economy over a period of time.