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Common stock valuations have the following difficulties bond valuations do not have: a. Choices 1 &2 b. Choice 2: dividends are neither fixed nor regular
Common stock valuations have the following difficulties bond valuations do not have:
a. Choices 1 &2
b. Choice 2: dividends are neither fixed nor regular over time
c. Choice 3: stock prices grow or shrink, while bond prices do not
d. Choices 2 and 3
e. Choice 1: no maturity
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