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Question 1 Which of the following is NOT a capital market security? a). Bond. b). Consol. c). Common stock. d). Commercial paper. e). All of

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Question 1 Which of the following is NOT a capital market security? a). Bond. b). Consol. c). Common stock. d). Commercial paper. e). All of the above are securities traded in the capital market. Question 2 Preferred stock is like long-term debt in that a). it gives the holder voting power regarding firm's management b). it promises to pay its holder a fixed stream of income each year c). in the event of bankruptcy preferred stock has equal status with debt holder d). all of the above are true e). none of the above is true

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