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What is a disadvantage to issuing stock instead of bonds? a. A corporation is required to pay cash dividends. b. The company must buy back
What is a disadvantage to issuing stock instead of bonds?
a. A corporation is required to pay cash dividends.
b. The company must buy back its stock.
c. Payment of dividends reduces the company's net income and profitability.
d. The payment of cash dividends is not a tax deductible expense.
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