Key differences between common stock and bonds include all of the following except.
A. Common stockholders have a voice in management; bondholders do not.
B. Common stockholders have a senior claim on assets and income relative to bondholders.
C. Bonds have a stated maturity but stock does not.
D. Interest paid to bondholders is tax-deductible but dividends paid to stockholders are not.
Answer:B
Key differences between common stock and bonds include all of the following except.
A. Common stockholders have a voice in management; bondholders do not. B. Common stockholders have a senior claim on assets and income relative to bondholders. C. Bonds have a stated maturity but stock does not. D. Interest paid to bondholders is tax-deductible but dividends paid to stockholders are not.