CFA Practice Question

There are 191 practice questions for this study session.

CFA Practice Question

Which preferred shares have lower risk?

A. Cumulative preferred shares
B. Non-cumulative preferred shares
Correct Answer: A

User Contributed Comments 1

User Comment
Antoinepo Cumulative shares keeps unpaid dividends, where uncumulative shares just delete it for the period so it's riskier because higher risk of a lower yeild
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