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Which of the following is FALSE regarding the differences between debt and equity? Question 4 options: Dividend payments have no tax benefit for the issuing

Which of the following is FALSE regarding the differences between debt and equity?

Question 4 options:

Dividend payments have no tax benefit for the issuing firm while coupon payments do.

Equity is ownership in a firm but debt is not.

Dividend payments are legal obligation while coupon payments are not.

Stockholders have voting power while debt holders do not.

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