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which of the following characteristics is ture? 1 . purchasing share of stocks grants the buyer a proportional ownership interest in the firm. 2 .

which of the following characteristics is ture?
1. purchasing share of stocks grants the buyer a proportional ownership interest in the firm.
2. payments to debtholders, ie, interest payments, are tax deductible to the firm
3. payments to shareholders, ie, dividend payments, are not tax detuctible to the firm
4. generally, bondholders recive low-risk, constant, and known annual interest payment and princiapl
5. exessive levels of debt can lead to financial distress or even bankruptcy

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