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Which of the following is true about bonds? I. Bondholders are ahead of stockholders when it come to receiving assets following a liquidation II. Bondholders

Which of the following is true about bonds? I. Bondholders are ahead of stockholders when it come to receiving assets following a liquidation II. Bondholders have the right to vote for who sits on the Board of Directors III. A bond rated BBB- is considered an Investment Grade bond IV. Bondholders have an ownership stake in the issuing company.

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