What is the other name for par value of a preferred stock Se

What is the other name for par value of a preferred stock?

Select one:

a. Liquidation value

b. Interest

c. Preference value

d. Cumulative value

e. Hybrid value

Solution

Preferred stpck are those which are entitled to receive dividends before any payment made to common stock holders. There dividend rate is fixed at the time of issue.

There par value is also called as preference value.

Hence option C is correct.

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