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Question 10 1 pts Select all that are true with respect the similarities or differences between debt and equity. Debt represents an ownership interest in
Question 10 1 pts Select all that are true with respect the similarities or differences between debt and equity. Debt represents an ownership interest in the firm, equity does not. Equity represents an ownership interest in the firm, debt does not. Generally speaking, dividends are tax deductible, interest is not. (US tax laws) Generally speaking, interest is tax deductible, dividends are not. (US tax laws) Debtholders have priority over equity holders in receiving "payments
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