Consider the following statements:
Statement I:
As regards returns from an investment in a company, generally, bondholders are considered to be relatively at lower risk than stockholders.
Statement II:
Bondholders are lenders to a company whereas stockholders are its owners.
Statement III:
For repayment purpose, bondholders are prioritized over stockholders by a company.
Which one of the following is correct in respect of the above statements?
