Rank in ascending order (lowest to highest) the relative riskiness of the various types of corporate and government securities.
A) common stock, preferred stock, corporate debt, long-term government debt
B) corporate debt, long-term government debt, preferred stock, common stock
C) long-term government debt, corporate debt, preferred stock, common stock
D) corporate debt, preferred stock, long-term government debt, common stock
Correct Answer:
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