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Which of the following statements regarding debt and equity is not true? a . Interest paid to the debt holder is not deductible by the
Which of the following statements regarding debt and equity is not true?
a Interest paid to the debt holder is not deductible by the corporation.
b Loan repayments are not taxable to investors.
c Dividends paid are not deductible by the corporation.
d Interest paid is taxable as ordinary income to the individual.
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