A strong incentive to a corporation to meet preferred stock dividend payments is provided by the ___________ feature of some preferred stocks.

a.

Cumulative

b.

Convertible

c.

Callable

d.

All of the above

The difference between a general obligation and a revenue bond is:

a.

The general obligation bond is backed by full faith, credit, and taxing power of the governmental unit

b.

That for a revenue bond, the repayment of the issue is fully dependent on the revenue-generating capability of a specific project or venture

c.

General obligation bonds are usually of high quality because of the taxing power behind most of them

d.

All of the above