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Question 1 Which of the following is NOT an advantage inherent in equity financing? The company is not required to repay equity. Interest is tax

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1

Which of the following is NOT an advantage inherent in equity financing?

The company is not required to repay equity.

Interest is tax

-

deductible.

Equity has no maturity date.

A firm has no obligation to pay dividends.

Equity owners have residual claim on income.

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