Most firms are financed by share capital. The shares which do not carry any fixed…

Most firms are financed by share capital. The shares which do not carry any fixed rate of dividend are known as ?
  • A.
    debentures
  • B.
    preference shares
  • C.
    ordinary shares
  • D.
    participating preference shares
  • E.
    old shares
Correct Answer: Option C
Explanation
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