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DIFFERENCE BETWEEN EQUITY SHARES AND PREFERENCE SHARES FOR 3 MARKS

User JacobN
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Answer:

Equity Shares are the shares that carry voting rights and the rate of dividend also fluctuate every year as it depends on the amount of profit available to the company. On the other hand, Preference Shares are the shares that do not carry voting rights in the company as well as the amount of dividend is also fixed.

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Step-by-step explanation:

User Antoine Dubuis
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