Which of the following statements is most likely correct? O The face value of a bond fluctuates over time, while the par value is fixed and represents the amount to be repaid on the maturity. O Bonds are inherently riskier than stocks, since bond prices and bondholders have precedence over stockholders in the case of bankruptcy. O For zero-coupon bonds, the interest is earned from the difference between the discounted issue price and the par value received at maturity