All of the following are characteristics of preference shares except: A. They are either callable or putable.

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All of the following are characteristics of preference shares except:

A. They are either callable or putable.

B. They generally do not have voting rights.

C. They do not share in the operating performance of the company.

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Related Book For  answer-question

Investments Principles Of Portfolio And Equity Analysis

ISBN: 9780470915806

1st Edition

Authors: Michael McMillan, Jerald E. Pinto, Wendy L. Pirie, Gerhard Van De Venter, Lawrence E. Kochard

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