问一道题：NO.PZ2015122802000101

问题如下：

Participating preference shares entitle shareholders to:

选项：

participate in the decision-making process of the company.

convert their shares into a specified number of common shares.

receive an additional dividend if the company’s profits exceed a pre-determined level.

解释：

C is correct.

Participating preference shares entitle shareholders to receive an additional dividend if the company’s profits exceed a pre-determined level.

考点：Characteristics Of Equity Securities

参与型优先股是一种特殊的优先股，它除了可以获得固定的红利之外，还享有分享公司赚得剩余利润的机会。（当然它肯定没有普通股分的多，只是当公司盈利大于一定规模时才有机会享有一定的剩余收益）。请看下面原版书对它的定义，这个知识点只需要了解定义即可。

Preference shares that entitle shareholders to receive the standard preferred dividend plus the opportunity to receive an additional dividend if the company’s profts exceed a pre-specifed level.

此外，B说的是convertible preference shares,可转换的优先股，注意区分。