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1) In which of the following ways are some preferred shares similar to bonds? I. Call provisions II. Convertible features III. Retraction provisions IV. Rated
1) In which of the following ways are some preferred shares similar to bonds? I. Call provisions II. Convertible features III. Retraction provisions IV. Rated by rating agencies
Group of answer choices
I, II, and III
I, II, and IV
II and III
I, II, III, and IV
2) Rank the risk of the following securities from lowest to highest. I. Long-term unsecured debt II. Convertible preferred shares III. Common equity IV. Bank loans
Group of answer choices
I, II, III, IV
IV, III, II, I
I, II, IV, III
IV, I, II, III
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