Which of the following is true of stocks and bonds? I. stocks represent ownership of a corporation, while bonds represent loans to the corporation II. bonds promised fixed, legally-protected payments, while stocks represent the residual value of the company III. stockholders influence the management of the corporation through the board of directors, while bondholders do not a) II and III only b) I, II, and III are all true c) I and II only d) I and III only e) I and II only

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