Practicing Success
Match the following.
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(A)-(IV), (B)-(I), (C)-(II), (D)-(III) (A)-(I), (B)-(II), (C)-(IV), (D)-(III) (A)-(II), (B)-(I), (C)-(III), (D)-(IV) (A)-(III), (B)-(I), (C)-(II), (D)-(IV) |
(A)-(IV), (B)-(I), (C)-(II), (D)-(III) |
* Cumulative preference shares are a type of preferred stock that comes with a special feature related to dividend payments. The "cumulative" aspect means that if the company is unable to pay the promised dividends in a particular period, the unpaid dividends accumulate and must be paid out in the future before any dividends are distributed to common shareholders. * Convertible preference shares are a type of preferred stock that grants shareholders the option to convert their preferred shares into a predetermined number of common shares. This feature provides investors with the opportunity to benefit from potential increases in the value of the company's common stock. |