Question: Occasionally, a corporation will combine securities into a package (for example, common stocks, preferred stocks, bonds) and issue these securities as a single unit. Required

Occasionally, a corporation will combine securities into a “package” (for example, common stocks, preferred stocks, bonds) and issue these securities as a single unit.

Required
Assuming that two securities (common stock and preferred stock) are issued as a unit, explain the alternative ways of valuing the separate stocks of the unit in an exchange for
(1) Cash, or
(2) An asset(s) other than cash.

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