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Which of the following options are all characteristics of bonds? a. (1) Holders are creditors of the corporation; (2) Principal and interest payments are required;
Which of the following options are all characteristics of bonds? a. (1) Holders are creditors of the corporation; (2) Principal and interest payments are required; (3) Some of the payments made to holders are tax deductible. b. (1) Principal and interest payments are required; (2) Weak performance can lower stock prices; (3) None of the payments made to holders are tax deductible. c. (1) Holders are owners of the corporation; (2) Presented in the liabilities section of the balance sheet; (3) If payments are not made, bankruptcy can result. d. (1) Life is unlimited; (2) Represent ownership of the corporation; (3) Principal and interest payments are required
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