What are the major differences between preferred stock and common stock? Select one: O A. Preferred stock dividends are paid out before dividends on common stock can be issued. O B. Common stock has voting rights and preferred stock does not. OC. Common stock has potentially higher capital gains than preferred stock. O D. All of these are correct. O E. Only Preferred stock dividends are paid out before dividends on common stock can be issued and Common stock has voting rights and preferred stock does not are correct. A bond currently sells for $925, has 7 years left to maturity and pays a 9% annual coupon What is the YTM? Select one: O A. 11.25% OB. 9% O C. 10.57% OD 8.48% Coupon interest rates determine? Select one: O A. How much investors are willing to pay OB. What the bond can be called at OC. Annual cash flow from the bond OD. The rate to price the bond