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Identify the incorrect statement When investing in debt instrument the investor earns fixed interest On liquidation of the firm the debt holder get preference in

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Identify the incorrect statement When investing in debt instrument the investor earns fixed interest On liquidation of the firm the debt holder get preference in the payment of principal over equity holders The returns on debt is lower than on equity Debt instrument are riskier than equity Identify the correct statement about leasing: Lease payment need to be done even if the production is not done All of these Leasing helps in using upgraded technology at lowest cost The lease fees paid is used as tax deduction

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