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21. Corporations try to create hybrid securities that look like equity but are called debt because: A. debt interest expense is tax deductible. B. bankruptcy

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21. Corporations try to create hybrid securities that look like equity but are called debt because: A. debt interest expense is tax deductible. B. bankruptcy costs are eliminated or reduced. C. these securities have lower risk than debt. D. Both A and C. E. Both A and B

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