Explain different kinds of preference shares.
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Preferred shares are a hybrid form of equity that includes debt-like features such as a guaranteed dividend. The four main types of preference shares are callable shares, convertible shares, cumulative shares, and participatory shares.
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Preferred shares are a hybrid form of equity that includes debt-like features such as a guaranteed dividend. The four main types of preference shares are callable shares, convertible shares, cumulative shares, and participatory shares.
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