Question: . Use the following THREE statements to answer this question: 1) When a firm goes bankrupt, the bondholder has priority over the shareholder to claim
. Use the following THREE statements to answer this question: 1) When a firm goes bankrupt, the bondholder has priority over the shareholder to claim the firm's asset. II) The growth rate of the dividend g is equal to the firm's ROE times its retention ratio. III) If two stocks have the same earnings per share and required rate of return, differences in the growth opportunities can account for different stock prices. . Select one: O Both I and II are correct. Both I and III are correct. Both II and III are correct. O All statements are correct
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