Which one of the flowing is not one of differences between equities and fixed income instruments?

1. Fixed income instruments provides priority in liquidation compare fixed income instruments.
2. While common stocks are defined for predetermined time, fixed income instruments are not subject maturity
3. Total gain is capital gain plus dividend for equity investments, capital gain plus interest gain for fixed income instruments.
4. Common stocks provide owner ship, fixed income instruments don't.
5. Interest payments are tax deductible, while dividends are not tax deductible for a company.