Examveda
Examveda

Bonds which are more risky than corporate bonds and are issued by major corporations are classified as

A. common stocks

B. corporate stocks

C. leases

D. preferred stocks

Answer: Option D

Solution(By Examveda Team)

Bonds which are more risky than corporate bonds and are issued by major corporations are classified as preferred stocks. Preferred stockholders have a higher claim to dividends or asset distribution than common stockholders.

This Question Belongs to Commerce >> Financial Management

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