PLEASE ANSWER ASAP I WILL LIKE

1)What is the order of payment to the investors from the highest to the lowest priority?

Multiple Choice

A)Preferred shareholders; Common shareholders; Bondholders.

B)Bondholders; Common shareholders; Preferred shareholders.

C)Common shareholders; Bondholders; Preferred shareholders.

D)Bondholders; Preferred shareholders; Common shareholders.

E)Preferred shareholders; Bondholders; Common shareholders.

2)A $1,000 par value bond with an annual coupon rate of 5%, and callable at $1,050, can be converted into 17 shares of common stock. Currently, the common stock sells for $57 and the bond sells for $1,020. How much will this bond be worth upon conversion?

Multiple Choice

A)$1,020.

B)$1,002.

C)$969.

D)$1,050.

E)$950.