Which of the following bond features is least desirable to investors?

Common shares are perpetual instruments, lasting as long as the firm itself lasts

Indicate whether the statement is true or false

The S & P 500 Index is an appropriate benchmark for

A) diversified portfolios of large company stocks. B) portfolios diversified among several asset classes such as stocks, bonds, and real estate. C) diversified portfolios with a mix of large, small, and mid-cap stocks. D) diversified portfolios of mid-cap and small company stocks.