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Which of the following statements is correct? -Preferred dividends paid are tax deductible. -Interest expense is tax deductible. -Common dividends paid are tax deductible. -None

Which of the following statements is correct?

-Preferred dividends paid are tax deductible.

-Interest expense is tax deductible.

-Common dividends paid are tax deductible.

-None of the statements above is correct.

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