问题如下:
Which of the following statements about participating preference shares is true?
选项:
A.Participating preference shares can be converted into common stock.
B.Participating preference shares can obtain voting rights.
C.Participating preference shares can receive extra dividends.
解释:
C is correct.
When the firm's profits exceed a pre-specified level and a value more than the par value if the firm is liquidated, participating preference shares can receive extra dividends.
什么是extra divdend?