(I)Firms Issue Common Stock in Far Greater Amounts Than Preferred

Multiple Choice

(I) Firms issue common stock in far greater amounts than preferred stock.
(II) In a given year,the total volume of stock issued is much less than the volume of bonds issued.

A) (I) is true, (II) false.
B) (I) is false, (II) true.
C) Both are true.
D) Both are false.