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19 Which of the statements below is FALSE? O Bond ownership gives the right to participate in the management of the company O An equity

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19 Which of the statements below is FALSE? O Bond ownership gives the right to participate in the management of the company O An equity claim is a claim to all the assets and cash flows of a company once debt claimants have been paid O Like a bond, common stock entitles the owner to some of the cash flow of a company O For common stock, there is no maturity date and the promised cash flow is not stated on the asset, but is determined at a later date by the board of directors

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