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7 Identify the correct statement regarding a corporation's decision to obtain financing by issuing bonds as compared to issuing shares of stock: a Issuing bonds

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7 Identify the correct statement regarding a corporation's decision to obtain financing by issuing bonds as compared to issuing shares of stock: a Issuing bonds legally obligates the corporation to make periodic interest payments. b Issuing stock legally obligates the corporation to make regular dividend payments. c The cost of dividends is a tax-deductible expense of the corporation. d The effect on earnings per share of alternative financing plans is not relevant Review Chapter 14 class notes

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