Business, 11.12.2019 03:31 ellie4678

All of the following statements are true about both bonds and preferred stock except:
a. both bonds and preferred stock are "senior" securities over common stock in a dissolution
b. both bonds and preferred stock can be convertible
c. payments to both bondholders and preferred stockholders are subject to approval of the board of directors
d. both bonds and preferred stock have a stated fixed payment rate

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All of the following statements are true about both bonds and preferred stock except:
a. bot...