1. Preference dividend is not tax deductible
  2. The claim of preference shareholders is prior to the claim of equity shareholders
  3. Preference shareholders are not the owners of the concern
  4. All of the above
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1 Answers

Answer: Option 4

Preference dividend is not tax deductible, The claim of preference shareholders is prior to the claim of equity shareholders and Preference shareholders are not the owners of the concern characteristics are true, with reference to preference capital.

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