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(b) Compare and contrast the characteristics of bonds, common shares and preference shares from the perspective of an investor. Use the following template. Characteristics Capital
(b) Compare and contrast the characteristics of bonds, common shares and preference shares from the perspective of an investor. Use the following template. Characteristics Capital Market Debt Market Equity Market Bond Preference Common Shares Shares Type of Securities Ownership Voting Right Maturity Date Potential for Capital Gain Regular Returns (Describe source and whether affected by firm's profits) Reliability of Investment Income (High, low) Priority of payment during liquidation (e... 1", etc.) (8 marks)
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