Bonds issued by the U.S. government: [A] are.considered.to be default-free. [B] are exempt from interest rate risk. Multiple classes of stock are primarily created to: [A] allow certain shareholders to retain control of a firm. [B] replace cash dividends with share repurchases. A__is a form of equity security that has a stated liquidating value. [A] debenture [B] bond [C] preferred stock The voting procedure where you must own 50 percent plus one of the stock to guarantee that you will win a seat on the board of directors is called [A] True [B] False The market in which new securities are originally sold to investors is called [A] secondary [B] primary Preferred stock always has the right to vote. [A] True