Ordinary and preferred shares (for the CFA Level 1 exam) explores the differences between ordinary or common and preferred (preferrence) shares.
We discuss the rights provided by the two types of shares to their respective holders with particular focus on:
cummulative preference shares,
non-cummulative preference shares,
participating preference shares,
non-participating preference shares, and
convertible preference shares
This video covers concpets featured in lesson 2, Learning Module 4 of the Equity Investments section of the CFA Level 1 Curriculum
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