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Which of these statements is incorrect? Select one: A. Preference shares are a type of equity. B. Preference shares rank ahead of common equity in
Which of these statements is incorrect? Select one:
A. Preference shares are a type of equity.
B. Preference shares rank ahead of common equity in case of bankruptcy.
C. Preference shares generally carry the same amount of voting rights as common shares.
D. Preference shares must be paid dividends before common equity.
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