Robert Campbell and Carol Morris are senior vice-presidents of the Co-Op Investment Company of Virginia. They are co-directors of the company's pension fund management division. A major new client has requested that CoOp Investment present a seminar to illustrate the stock valuation process. As a result, Campbell and Morris asked you to analyze the Bon Temps Company, an employment agency that supplies web designers and computer programmers to businesses with temporarily heavy workloads. You are expected to answer the following questions: Question \#1: a. What is the difference between common stock and preferred stock? b. What is the difference between a publicly held company and a privately held company