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Question 10 (2 points) Preferred stock has contractual preference over common stock in certain areas. 1) True 2) False Question 11 (2 points) If bonds

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Question 10 (2 points) Preferred stock has contractual preference over common stock in certain areas. 1) True 2) False Question 11 (2 points) If bonds are issued at a premium, the stated interest rate is 1) lower than the market rate of interest. 2) higher than the market rate of interest. 3) adjusted to a higher rate of interest. 4) too low to attract investors

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