__ security is known as variable income security
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Answer:
equity shares security is known as variable income security
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The shares which is known as variable income security is equity shares.
Explanation
- Equity shares are the shares made available to the public by the company or the investor.
- Shareholders have the right to vote in the company.
- They are also known as ordinary shares.
- Shareholders receive dividend depending on the profit of the company at a given time.
Thus, they are known as variable income security.
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