Please answer and provide explanation

One big advantage to issuing debt for a firm is that_____ the interest is paid to common shareholders, so they are the ones who are taxed, not the business the interest on the debt is added back as earnings the interest on the debt is tax deductible O the interest on the debt is taxed at the personal level only The fee an investment bank charges a company to underwrite new shares of stock is called a 'flotation' cost. True False One benefit of preferred shares is that they pay a consistent dividend before any retained earnings are distributed to common shareholders. True False An advantage of owning preferred shares of stock is that the dividend payment to preferred shareholders is tax deductible Othey carry additional voting rights the are greater than common shares the dividend is paid out before any dividend is paid to common shareholders Othey can be converted to debt