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Wednesday, 01 April 2026
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Most firms are financed by share capital. The shares which do not carry any fixed rate ...

Most firms are financed by share capital. The shares which do not carry any fixed rate of dividend are known as ?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Debentures
  • B Preference shares
  • C Ordinary shares
  • D Participating preference shares
  • E Old shares
Correct Answer: Option C
Explanation:

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