$($I$)$ Firms issue common stock in far greater amounts than preferred stock. $($II$)$ In a given year, the total volume of stock issued is much less than the volume of bonds issued.

A$)($I$)$ is true, $($II$)$ false.

B$)($I$)$ is false, $($II$)$ true.

C$)$ Both are true.

D$)$ Both are false.