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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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