Question 5 A What provision entitles the common shareholder to maintain a proportionate share of ownership in a fimm when the firm issues new common stocks? the convertible feature the preemptive right the voting right the cumulative feature D Question 6 Junk bonds: are issued by the U. S. Treasury Department, B pay little or no interest. have yields that are considerably higher than those of the highest rated bonds. D are commonly used to finance municipal waste disposal facilities.