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which of the following is an advantage to a firm to issue common stock over long-term debt? A. the primary claim of equityholders on income
which of the following is an advantage to a firm to issue common stock over long-term debt?
A. the primary claim of equityholders on income and assets in the event of liquidation
B. the tax deductibility of dividends which lowers the cost of equity financing
C. no maturity date on which the par value of the issue must be repaid
D. the cost of equity financing is less than the cost of debt financing
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