Write a $2-3$ page paper describing the characteristics of stock and ensure the following points are addressed.Explain three characteristics of common stock that are different from bonds.Explain how return on equity $($ROE$),$ return on assets $($ROA$),$ and price earnings ratio $($P$/$E$)$ are affected when new common stock is issued by a corporation.Explain the difference between common and preferred stock. $($Please don't copy of chatgpt$)$