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Choose the correct statement. Claims by bond-holders are subordinated to those of the equity-holders, i.e. the company owners. Shareholders liability extends to bond claims. Dividends

Choose the correct statement.

Claims by bond-holders are subordinated to those of the equity-holders, i.e. the company owners.

Shareholders liability extends to bond claims.

Dividends are taxed.

Equity gives an automatic right to receive dividends.

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