Question: Question 10 (2 points) Preferred stock has contractual preference over common stock in certain areas. 1) True 2) False Question 11 (2 points) If bonds

Question 10 (2 points) Preferred stock has contractual preference over common stock in certain areas. 1) True 2) False Question 11 (2 points) If bonds are issued at a premium, the stated interest rate is 1) lower than the market rate of interest. 2) higher than the market rate of interest. 3) adjusted to a higher rate of interest. 4) too low to attract investors

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