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Which of the following statements are true? Dividend payments, like interest payments, are a liability for the firm that Dividends are tax deductible for the

Which of the following statements are true?
Dividend payments, like interest payments, are a liability for the firm that
Dividends are tax deductible for the firm since they are an expense like interest payments
A firm increasing its dividend pay-out has no effect on the firms tax liability
Dividends on common stock tend to be cumulative
Dividends are on-way shareholders can receive cash in exchange

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