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Which of the following statements is true? A. Pretax cost of debt is generally higher than the pretax cost of equity. B. Interest is tax

Which of the following statements is true? A. Pretax cost of debt is generally higher than the pretax cost of equity. B. Interest is tax deductible. C. Preferred dividends are tax deductible. D. Total cost of capital is always greater than or equal to cost of equity.

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