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36) From the standpoint of the issuing company, a disadvantage of using bonds as a means of long-term financing is that Select one: a. the

36) From the standpoint of the issuing company, a disadvantage of using bonds as a means of long-term financing is that Select one: a. the bondholders do not have voting rights. b. bond interest is deductible for tax purposes. c. interest must be paid on a periodic basis regardless of earnings. d. income to stockholders may increase as a result of trading on the equity.

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