Distinguish between equity and preference shares (any four).
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Difference Between Equity Shares and Preference Shares Equity Shares are the shares that carry voting rights and the rate of dividend also fluctuate every year as it depends on the amount of profit available to the company....
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Equity shares are the ordinary shares of the company representing the part ownership of the shareholder in the company. Preference shares are the shares that carry preferential rights on the matters of payment of dividend and repayment of capital. The dividend is paid after the payment of all liabilities.
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