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Which of the following is an accurate representation about the difference between debt and common shares for a corporation? Select one: O a. Debt is
Which of the following is an accurate representation about the difference between debt and common shares for a corporation? Select one: O a. Debt is ownership while equity is not ownership O b. Creditors vote annually on important issues while shareholders have no votes O c. Interest or coupon payments are an obligation while undeclared dividends are not an obligation d. Interest or coupon payments are not a tax deduction to the firm while dividend payments are a tax deduction to the firm
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