You have just been to see your broker at INVEST Capital Inc for advice about investing in Provincial Bank. The broker indicates that Provincial Bank has three different types of securities: debt, preferred shares and common shares. She states the following: (1) Debt is guaranteed because the issuer is a bank and Canadian banks are risk free. (2) Provincial Bank preferred shares entitle you to vote at the annual meeting. (3) Provincial Bank has paid a common share dividend of $3.00 per year for the past 15 years so you are guaranteed to receive a $3.00 dividend next year; if you don't, the bank will go bankrupt. Comment on your broker's statements. Is she correct? Explain