12/31/X9 12/31/X9 Security Carrying Value Market Value Transco, Inc.

As of December 31, 20X9, the portfolio consisted of the following holdings: 12/31/X9 12/31/X9 Security Carrying Value Market Value Transco, Inc. Preferred $ 804,024 $ 810,000 Jolly Roger Amusement Parks Common 720,000 660,000 Pets 'R' Us Common 736,000 742,000 General Department Stores Common 660,000 550,000 AT&T 8% Debenture Bonds 930,000 942,000 Daimler/Chrysler 11% Debenture Bonds 1,150,000 1,131,000 Cleveland Electric 9% Debenture Bonds 2,000,000 2,066,000 Based on your understanding of marketable securities, the securities held by Brony's Bike as of December 31, 20X9: a. Are clearly all blue chip securities b. Are clearly not all blue chip securities c. Debt securities are clearly blue chip but not the equity securities d. Equity securities are clearly blue chip but not debt securities