ANSWER SECOND QUESTION

1) List the following securities in order, from the most likely to receive income to the least likely to receive income: Preferred Shares Sinking Fund Bonds Common Shares General Obligation Bonds Cumulative Preferred Shares II) Briefly define or describe the following terms Proxy War Cumulative Preferred Shares Seasoned Offering Rights Offering. 1) 1. Common Shares 2. Cumulative Preferred shares 3. Preferred Shares 4. General Obligation Bonds