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Query on preference shares
by SHIKHA on Dec 22, 2006 10:21 AM

Hello,

I am in doubt that whether a company can issue preference shares with two rates of dividend i.e. e.g. A company issues preference shares for five years with 12% rate of interest for 3 years and 14% rate of interest for next 2 years.

I needs urgent reply, if anyone can.

Shikha

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The above message is part of the Discussion Board:
The lowdown on preference shares