Which one of the following represents a residual ownership i

Which one of the following represents a residual ownership interest in the issuer?

A) municipal bond

B) preferred stock

C) U.S. Treasury bond

D) common stock

E) corporate bond

Solution

Option d common stock
because in case of liquidation the fund is to be distributed among Us treasury bond , the municipal bond holder, corporate bond and preferred stock. After all of them are paid the residual payment is given to common stock holders

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