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  3. preference shares a. pay dividends that grow at a

Preference shares a. pay dividends that grow at a constant rate b. have lower risk...

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Accounting

Preference shares a. pay dividends that grow at a constant rate b. have lower risk than ordinary equity c. are classified as debt on the firm's balance sheet d. have a higher expected return than ordinary equity e. can only pay a dividend after ordinary share dividends are paid

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