Which of the following statements is NOT correct?
Select one:
O a. If you lend money to a firm, you have a residual claim over the income and assets of the firm.
O b. Although shares may be redeemed (sold back to the firm), we usually value them as if they will last forever.
c. If you buy shares in a firm, you have a residual claim over the income and assets of the firm.
Od. It is possible for a debt security to have a variable rate of return.