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Bonds which are more risky than corporate bonds and are issued...

This question belongs to Commerce Financial Management
Financial Management
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Bonds which are more risky than corporate bonds and are issued by major corporations are classified as

Answer & Solution
Correct Answer: Option D
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.
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