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Which of the following statements is false? a. Preferred stock that is both cumulative and convertible is a popular financing choice for investors purchasing shares

Which of the following statements is false?

a. Preferred stock that is both cumulative and convertible is a popular financing choice for investors purchasing shares of stock in small firms with high growth potential.

b. Bond issues of a single firm can have different bond ratings if their security provisions differ.

c. Yankee bonds are dollar-denominated bonds that are sold outside the United States.

d. Eurodollar bonds are denominated in dollars.

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