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Which of the following statements is false? Group of answer choices Borrower ( the corporation ) promises a certain stream of interest and principal payments

Which of the following statements is false?
Group of answer choices
Borrower (the corporation) promises a certain stream of interest and principal payments
Typically, interest payments on debt are tax deductible
Borrower may choose to default when they fail to make the payments
In case of default, debt holders or lenders take control of the firm.
None of the above

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