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Which of the following statement is incorrect? A. It is possible for corporations to omit dividend payments without legal consequences. B. It is possible to

Which of the following statement is incorrect?

A.

It is possible for corporations to omit dividend payments without legal consequences.

B.

It is possible to pay no taxes on interests from municipal bonds.

C.

In general, when interest rate in the market goes up, the prices of bonds will go up as well.

D.

Typically, dividends are paid quarterly while interests on bonds are paid semi-annually.

E.

None of the above.

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