1. Perpectual bonds and preference shares are very similar in nature, but yet they have some differences. In this regards, Which of the following statement is not ture

A. they both may be redeemed at the company's discretion

B. the are both for a definte period of time

C. te perpetual bonds have higher priority on liquidation

D. they both pay interest / dividend on a regular basise

e) interest on perpetual bonds is tax deductible but dividend on preference shares are not tax deductible.