Which of the following factors is correct regarding a company's decision to finance operations using a debt or equity alternative plan?

a.Stock requires a repayment of principal.

b.Ownership in the company is diluted when bondholders are added if the company chooses the debt alternative.

c.A corporation is not legally obligated to pay dividends on common stock if it chooses the equity alternative.

d.Bondholders are allowed a voting interest in the corporation as financiers of the business.