The type of business finance that entitles the holder to a fixed rate of dividend is? by Sunday | Aug 7 | Economics WAEC | 0 comments A. preferred stock B. common stock C. debenture D. bank loan Correct Answer: Option A – preferred stock Users Also Read These:A type of long-term loan granted to companies with…Which of the following gets extra dividend after its…A floating exchange rate means that the exchange…Which of the following is has a fixed rate of dividend?The financial instrument that entitles the holder to…