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Individual taxpayers may prefer to own stock rather than bonds in a corporation because: a) Dividends on stock are taxed at a lower tax rate
Individual taxpayers may prefer to own stock rather than bonds in a corporation because:
a) Dividends on stock are taxed at a lower tax rate than interest on bonds
b) Owning stock is less risky than owning bonds
c) Dividends on stock are typically paid before interest on bonds
d) Stockholders are paid before bondholders in a liquidation of the corporation
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