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Which of the following statements is true? Multiple Choice 2 8 Interest on bonds is not tax deductible. Interest on bonds is tax deductible. Bonds

Which of the following statements is true?

Multiple Choice

28

Interest on bonds is not tax deductible.

Interest on bonds is tax deductible.

Bonds always increase return on equity.

Bonds do not have to be repaid.

Distributions to owners are tax deductible.

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