Question

Which of the following statements is correct?

A. Preferential shares are subordinate to debt

B. Preferential shares are subordinate to common equity shares

A a) Only A Correct Answer Incorrect Answer
B b) Only B Correct Answer Incorrect Answer
C c) Both A and B are correct Correct Answer Incorrect Answer
D d) Both A and B are incorrect Correct Answer Incorrect Answer

Solution

The correct answer is A

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