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Differentiate between preference shares and ordinary shares.

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Preference shares carry a right to a fixed rate of return on investment out of distributable profits for any year usually stated with a fixed percentage of dividends while ordinary shares are the proprietary shares in the company which do not carry a fixed rate of return on investment or dividends

Wincate 1 answered the question on October 12, 2017 at 14:00

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Differentiate between preference shares and ordinary shares.

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