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Basic Question 1 of 6
Which of the following is not true regarding preferred shares?
B. Dividends on preferred shares are typically fixed.
C. Preferred shares cannot be callable.
A. Preferred shares generally don't have any voting rights.
B. Dividends on preferred shares are typically fixed.
C. Preferred shares cannot be callable.
User Contributed Comments 6
| User | Comment |
|---|---|
| gill15 | Not nots are soo annoying. There should be an Ethics section on Suitability of CFA questions. |
| ldfrench | For a fish, you are pretty smart? |
| janglejuic | lmao |
| Inaganti6 | lol @ldfrench |
| khalifa92 | finally, someone said it! |
| Znanje35 | so funny |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
describe differences in voting rights and other ownership characteristics among different equity classes
CFA® 2026 Level I Curriculum, Volume 3, Module 4.