CISI Introduction to Investment Practice Test
CISI IoI Equities and Bonds
What is the key difference between ordinary shares and preference shares?
Select your answer
A
Ordinary shares pay a fixed dividend while preference shares pay a variable dividend
B
Preference shares typically receive a fixed dividend and have priority over ordinary shares in a liquidation
C
Ordinary shares have no voting rights while preference shares always carry votes
D
Preference shares can only be issued by government entities
Hint
