单选题
编号：2695263
1. Which of the following is most accurate concerning key characteristics of different types of preference shares?
- A.Preference shares have characteristics of both debt and equity securities.
- B.Preference shareholders rank above subordinated bondholders with respect to claims on the company's net assets upon liquidation.
- C.The price of convertible preference shares tends to be more volatile than their underlying common shares because they do not allow investors to share in profits of the company.