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13. Debentures would be considered high-risk bonds True False 14. Convertible preferred stock and cumulative preferred stock have this feature in common: _______ they both

13. Debentures would be considered "high-risk" bonds

True

False

14. Convertible preferred stock and cumulative preferred stock have this feature in common: _______

they both allow holders to vote

they both do not allow holders to vote

they both provide dividends

they both allow holders to vote and do not allow holders to vote

they both do not allow holders to vote and provide dividends

15. Mill says that even lenders deserve remuneration for letting out their money to borrowers. However, he points out that this is interest and what indemnifies the loan is abstaining from

making bad loans

charging interest rates that are too low to sustain the lender's institution

lending to other companies or investing and, instead, lending to your company

cost-shifting the interest rate

making usurious loans

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