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If there is no profit in a year, and in the next year a firm earns profits, under which type of share the dividend for
If there is no profit in a year, and in the next year a firm earns profits, under which type of share the dividend for the previous year as well as the current year has to be paid?
Participating preferred shares
Cumulative preferred shares
Convertible preferred shares
Redeemable preferred shares
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