- CFA Exams
- CFA Level I Exam
- Topic 5. Equity Investments
- Learning Module 4. Overview of Equity Securities
- Subject 2. Types and Characteristics of Equity Securities
CFA Practice Question
Which of the following is not true regarding preferred shares?
B. Dividends on preferred shares are typically fixed.
C. Preferred shares cannot be callable.
A. Preferred shares generally don't have any voting rights.
B. Dividends on preferred shares are typically fixed.
C. Preferred shares cannot be callable.
Correct Answer: C
They can be either putable or callable.
User Contributed Comments 6
| User | Comment |
|---|---|
| gill15 | Not nots are soo annoying. There should be an Ethics section on Suitability of CFA questions. |
| ldfrench | For a fish, you are pretty smart? |
| janglejuic | lmao |
| Inaganti6 | lol @ldfrench |
| khalifa92 | finally, someone said it! |
| Znanje35 | so funny |