The type of business finance that entitles the holder to a fixed rate of dividend is ______? by Sunday | Oct 18 | Economics JAMB | 0 comments A. bank load B. debenture C. preferred stock D. semi-fixed Correct Answer: Option C – preferred stock Users Also Read These:The financial instrument that entitles the holder to…If the amount of dividend paid varies according to…Which of the following gets extra dividend after its…A floating exchange rate means that the exchange…The directors of Olu Ltd. recommended a dividend of…