(I) Firms issue common stock in far greater amounts than preferred stock
(II) In a given year, the total volume of stock issued is much less than the volume of bonds issued.
A) (I) is true, (II) false.
B) (I) is false, (II) true.
C) Both are true.
D) Both are false.
C
Business
You might also like to view...
Which of the following identifies the specific purpose of a message?
A) To inform the audience B) To define why you are writing C) To persuade the audience to act D) To foster collaboration E) To initiate a conversation
Business
Which of the following is true of preferred stock?
A) It has features of bonds and a common stock. B) It has a claim on assets prior to creditors in the event of liquidation. C) Its dividends can be paid only after paying dividends to the common stockholders. D) It usually has a maturity of thirty years.
Business