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Question 15 9 pts Which of the following is false regarding the differences between debt and common stock? Debt payments are made before shareholders are

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Question 15 9 pts Which of the following is false regarding the differences between debt and common stock? Debt payments are made before shareholders are entitled to any cash flows. Interest payments are legally binding, while dividend payments generally are not Stockholders have voting power, while creditors do not Periodic payments made to either class of security are tax deductible for the issuer. Equity is ownership in a form, but debt is not. Question 16 9 pts King Noodles' bonds have a 9% coupon rate and a $1,000 par value. Interest is paid quarterly and the bonds have a maturity of 10 years. If the appropriate yield to maturity is 10% on similar bonds, what is the price of King Noodles' bonds? O $991.27 O $989.63 O $971.27 O $937.24 O $938.55 Question 17 9 pts McGonigal's Meats, Inc. currently pays no dividends. The firm plans to begin pavins dividends in

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