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Basic Question 0 of 8
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 just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.

Edward Liu
Learning Outcome Statements
demonstrate the application of the Code of Ethics and Standards of Professional Conduct to situations involving issues of professional integrity
recommend practices and procedures designed to prevent violations of the Code of Ethics and Standards of Professional Conduct
identify conduct that conforms to the Code and Standards and conduct that violates the Code and Standards
CFA® 2026 Level I Curriculum, Volume 6, Module 3.