Mohan Ltd. is a company manufacturing garments for children .it has
been consistently earning good profits for many years. This year too, it
has been able to generate enough profits . There is availability of
enough cash in the company. It believes in quality of product, equal
employment opportunities and good remuneration .it has many
shareholders who prefer to receive a fixed and regular income. Mohan is
one of such shareholders. Which type of shares Mohan holds? Explain
any three features.
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Answer:
it is preference shares mentioned in case (I.e. held by mohan)
1. generally under preference shares a fixed dividend is received by shareholder from company
2. it doesn't involves mortgage of assets
3. some of the preference shares are not even Redeemable
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