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20. Which of the following statements is NOT a feature of ordinary shares? A. Ordinary shares are a major source of external equity financing for

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20. Which of the following statements is NOT a feature of ordinary shares? A. Ordinary shares are a major source of external equity financing for companies. B. Ordinary shares entail voting rights at annual general meetings. C. Ordinary shares have no fixed payment obligation. D. Dividends of ordinary shares are always tax deductible

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