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Which of the following is CORRECT regarding the differences between debt and equity? A. Creditors generally do not have voting power. B. Unpaid debt is
Which of the following is CORRECT regarding the differences between debt and equity?
A. | Creditors generally do not have voting power. | |
B. | Unpaid debt is not a liability of the firm. | |
C. | Dividends paid to shareholders are tax deductible. | |
D. | Debt is an ownership interest in the firm. |
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