Question 11 4 pts Which of the following statements is TRUE about common stock? Common stock is considered to have a fixed maturity Owners of common stock are guaranteed dividend payment by the firm, Owners of common stock have the lowest priority claim on the firm's assets in the event of bankruptcy Common-stock holders have unlimited liability for the obligations of the corporation D Question 12 4 pts Applying the valuation procedure to common stocks is more difficult than applying it to bonds because: the size and timing of the dividend cash flows are less certain than the coupon payments for bonds. common stocks have no final maturity date. unlike the rate of return, or yield, on bonds, the rate of return on common stock is not directly observable. All of the above are true 4 pts Question 13