Which of the following statements is false regarding a firm's securities? Oal Dividends to shareholders, unlike interest on debt, are non tax-deductible expenses for the firm. O b) Preferred stocks usually carry no voting rights. Common stock ranks after bonds and preferred stocks in terms of the priority c) of its claim to the assets of the firm in the event of corporate bankruptcy. O d) Common stock dividends are paid before preferred stock dividends. O e) Interest payment to bondholders are contractual obligations