1.All other things being equal, a given change in the interest rates will have a greater impact on the price of a low-coupon bond than a higher-coupon bond with the same maturity. true or false
2. The face or par value for most corporate bonds is equal to $1,000, and it is the principal amount owed to bondholders at maturity. true or false
Which of the following statements is true?
Preferred stockholders are considered to be the true owners of public corporations.
Preferred stockholders do not typically have voting rights.
Dividends paid to preferred stockholders are not fixed.
Preferred stock can never be converted to common stock.