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. Which of the following best describes the participating feature of preferred shares? Question 9 options: Preferred shareholders have the right to receive their dividend
. Which of the following best describes the participating feature of preferred shares? Question 9 options: Preferred shareholders have the right to receive their dividend preference, and share with common shareholders in any excess dividends declared. Preferred shareholders have a right to receive their regular dividends that were not declared in prior year Preferred shareholders have the right to convert their shares into common shares. Preferred shares may be called in and cancelled
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