Which of the Following Features Do Preferred Shareholders and Bondholders

Multiple Choice

Which of the following features do preferred shareholders and bondholders frequently have in common?
I.lack of voting rights
II.conversion option into common stock
III.annuity payments
IV.fixed liquidation value

A) I and II only
B) III and IV only
C) II, III, and IV only
D) I, III, and IV only
E) I, II, III, and IV