Usually, a ________ will bear a promise to pay a specific dividend each year.
A) bond
B) par-value share
C) preferred share
D) debt
E) bearer bond

Question

Quizplus · Accepted Answer

Preferred shares typically come with a fixed dividend, distinguishing them from common shares, which have variable dividends. This fixed dividend is a key characteristic of preferred shares, making them similar to bonds in some respects, but they are equity, not debt instruments.

Usually, a ________ Will Bear a Promise to Pay a Specific