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Which of the following is FALSE ? Debt Holders are paid before Equity Holders If a company fails to pay the debt holders, debt holders
Which of the following is FALSE?
Debt Holders are paid before Equity Holders | ||
If a company fails to pay the debt holders, debt holders take control of the firm | ||
Debt Payments are fixed while Equity Payments are not fixed | ||
Debt holders have limited liability while Equity holders do not have limited liability | ||
Equity holders are owners of the firm while debt holders are not |
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