Which of the following is not the feature of preference shares:

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KollegeApply · Accepted Answer

Provides voting rights Explanation: • Provide a fixed rate of return (dividend). • Have preference over equity shares in dividend payment. • Form a part of owners’ capital (share capital of the company). But, preference shareholders usually do not have voting rights in the company’s general matters (unless their rights are affected). Hence, option (b) is not a feature of preference shares.

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